Stonepeak Infrastructure Partners completes transaction to acquire majority interest in euNetworks

London, UK; New York, US – 11 January 2018 – euNetworks and Stonepeak Infrastructure Partners announced today the successful close of the previously announced transaction to acquire a majority interest in euNetworks. “We’re very pleased to have closed our transaction,” said Brady Rafuse, Chief Executive Officer of euNetworks. “I genuinely believe the combination of Stonepeak, Columbia and many of our previous investors coming together as the new euNetworks represents a fantastic opportunity for our customers, our people, our partners and the communities in which we operate.” “euNetworks has distinguished itself in an increasingly connected society where fibre is core to communications infrastructure. We’re delighted to partner with Brady and the team,” said Trent Vichie, Co-Founder and Co-CEO of Stonepeak. Brian McMullen, Senior Managing Director of Stonepeak, added, “We’re absolutely committed to building further on the unique position of euNetworks and look forward to investing up to an additional $500 million of equity capital to support the growth of the company.” “This transaction represents a great step forward for the company as it addresses the many compelling opportunities it is presented with,” said John Siegel, Partner from Columbia Capital. “It’s a great time for the team and we’re excited to maintain a material interest in the company as the journey continues.” euNetworks and Stonepeak announced the signing of the definitive merger agreement on 6 November 2017. euNetworks was advised by Barclays Bank PLC, acting through its Investment Bank, and J.P. Morgan represented Stonepeak.

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About Stonepeak Infrastructure Partners
Stonepeak Infrastructure Partners is an infrastructure private equity firm. Stonepeak invests in businesses comprised of hard assets with leading market positions primarily in the following sectors: Communications, Energy, Power & Renewables, Transportation, Utilities, & Water. Stonepeak, founded in 2011 and headquartered in New York, currently manages approximately $13.5 billion of capital for its investors.

About Columbia Capital
Columbia Capital is a venture capital firm based in Alexandria, VA. Since 1989, Columbia have been partnering with top executives to help build communications, media and technology companies and to deliver top quartile returns to their investors. They currently manage approximately $3.0 billion dollars of total capital and are actively investing in a sixth fund, which has total commitments of $500 million. Columbia has offices in Alexandria, VA and Waltham, MA. Stonepeak Infrastructure Partners Contact: Brenden Woods | Managing Director | Stonepeak Infrastructure Partners Daniel Schmitz | Managing Director | Stonepeak Infrastructure Partners 717 Fifth Avenue, 25th Floor | New York, NY 10022 (212) 907-5100 office Columbia Capital Contact: Don Doering | Administrative Partner | Columbia EUN Partners V LLC 204 South Union Street | Alexandria, Virginia 22314 don.doering@colcap.com

Über euNetworks

euNetworks ist eine Breitbandinfrastruktur-Anbieter. Das Unternehmen besitzt und betreibt 17 glasfaserbasierte Stadtnetze in ganz Europa, die ein Breitband-Backbone verbindet, der durch 51 Städte in 15 Ländern verläuft. Das Unternehmen ist ein führender Anbieter von Rechenzentrumsanbindungen und vernetzt mehr als 440 Rechenzentren in Europa direkt. Darüber hinaus ist euNetworks mit direkter Verbindung zu allen wichtigen Cloud-Plattformen und Zugang zu weiteren. Das Portfolio umfasst unbeleuchteter Glasfaser, Wellenlängen und Ethernet. Wiederverkäufer, Finanzdienstleister, Inhalteanbieter, Medienkonzerne, Rechenzentren und Unternehmen profitieren von euNetworks Glasfaser- und Leerrohrnetz, das auf ihre hohen Anforderungen im Hinblick auf breitbandige Verbindungen ausgelegt ist.