Macquarie Mexican Infrastructure Trust I (MMIT I) (bmv:FIMMCK) today announced that
Macquarie Mexican Infrastructure Fund has completed its follow-on investment in Mexico Tower Partners (MTP).
MMIF made the additional investment in order to part fund MTP’s acquisition of a significant portfolio of wireless and broadcast telecommunication sites in Mexico and fund future organic growth. MTP closed the acquisition on 29 April, 2015.
MTP is a 50/50 joint venture between MMIF and Digital Bridge, a leading global communications infrastructure platform. MTP was established in May 2014 after MMIF and Digital Bridge merged their existing telecommunications tower portfolios in Mexico. MTP manages approximately 1,200 towers as of 29 April, 2015, and is one of the largest telecommunication tower operators in Mexico.
