Mar 21, 2026 | Posted by Abdul-Rahman Oladimeji
Infranity is spearheading a €375 million ($430M) financing package for the data center division of Italian telecom provider Retelit Group. The European asset management firm has committed €175 million ($200M) of the total, according to news agency Agenzia Nova.
The investment is intended to expand Retelit Datacenter’s (RDC) existing capacity and support the development of new sites across Italy.
RDC, the data center platform of Retelit Group—a wholly owned subsidiary of infrastructure manager Asterion Industrial Partners—operates 38 data centers nationwide. This includes the Avalon Campus in Milan, Italy’s main interconnection hub hosting over 170 national and international operators, as well as a data center in Innsbruck, Austria.
Marie Dowlatyari, investment director at Infranity, said: "This financing supports a highly strategic digital infrastructure platform in one of Europe's key markets. We are pleased to support Asterion and Retelit Datacenter in accelerating the expansion of critical data center capacity across Italy.
“This transaction reflects our belief in the value of long-term, capital-intensive assets, which play a key role in the digital transition."
In January, Retelit was reportedly exploring the sale of its data center portfolio for €700 million ($830M). Bloomberg, citing sources familiar with the matter, said the company was in the early planning stages, with a potential sale targeted for 2027, though no final decisions had been made.
Last October, Retelit completed the acquisition of BT Italy’s operations, expanding its fiber network to over 47,000 km (29,204 miles) and adding four data centers in the Rome and Milan metropolitan areas.
