Operis is pleased to have provided a formal model audit for Cube Infrastructure Managers in support of their recent debt raise to fund the expansion of the Trooli fibre network. In 2019, Cube invested EUR 30m of equity in Trooli via its Connecting Europe Broadband Fund. Following this, Trooli secured £5m in senior funding from NatWest in 2020 and has now secured a further £67.5m from a consortium of NatWest, Germany’s Nord/LB, and Dutch bank NIBC.

This year, Trooli has reached over 75,000 properties passed in Kent and East Sussex and is targeting 400,000 premises by December 2022 and 1 million premises by the end of 2024. This will be achieved by expanding the current network across the south of England, the Midlands, and East Anglia.

Trooli focus on offering “Full Fibre” FTTP (Fibre To The Premise) services as opposed to regular FTTC (Fibre To The Cabinet) in order to provide speeds of up to 1 Gbps, compared to speeds of 70 Mbps typically offered by FTTC providers.

CONTACT US

Please get in touch with either of our regional offices.

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Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

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Carmen Wade
Financial Advisory, Head of North America

+1 647 243 3840

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Jun Tao
Global Head of Model Audit & Financial Modelling

+44 207 562 0428

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Mark Southall
Associate Director - Model Audit & Financial Modelling

+1 647 846 7384

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Philip Allen
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Operis Europe

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+44 207 562 0400
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Operis North America

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+1 647 846 7382
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CONTACT US

Discuss your requirements with us

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Erwan Fournis
Global Head of Financial Advisory

+44 207 562 0444

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Chris Aldred
Director

+44 207 562 0433

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