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SEB Bank invests millions into Quaero European Infrastructure Fund II-backed digital infrastructure operators
New data centre capacity and fibre connectivity is to be added in the Baltics region as well as renewable energy to power the infrastructure.
By João Marques Lima
Founder and Editor, The Tech Capital
2 Mins
July 27, 2023 | 12:01 AM BST
Vilius Juzikis, SEB Bank Board Member and Head of Corporate Banking. Source: SEB Lietuvoje
SEB Bank has granted DEAC (Latvia) and DLC (Lithuania) a 10-year, €30 million loan to develop the Baltic telecommunications infrastructure, with a focus on data centres and fibre optic networks.
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