EllaLink and EMACOM partner to bring next generation connectivity to Madeira

Dublin, Ireland and Funchal, Madeira – April 2, 2019 – Telecomunicações da Madeira, Unipessoal, Lda., EMACOM, and the EllaLink Group announced today that their partnership on the EllaLink system has extended further in order to meet the growing capacity demands of the islands of Madeira.

EMACOM currently own a dedicated fiber pair on the EllaLink system which is designed to carry over 24Tbps of traffic. New plans under discussion propose to increase the number of direct fiber pairs between Funchal and mainland Portugal in order to provide EMACOM with additional capacity in excess of 70Tbps. Currently under construction, EllaLink will provide the islands of Madeira with fiber diversity, increased data capacity and direct connectivity to Lisbon via a new state-of-the-art coherent submarine system. EMACOM’s provisions on EllaLink are guaranteed to meet the long-term demand of this key autonomous region of the republic of Portugal.

Rui Faria Rebelo CEO of EMACOM, explained “We are pleased to deepen our relationship with EllaLink in order to strengthen our regional infrastructure, to encourage telecoms growth and to support the current plans to improve the infrastructure connecting mainland Portugal with the Autonomous regions of Madeira and Açores. Expansion of our network provides our customers with choice, reliability and economic value, as well as delivering the large data capacity that Portugal will need in order to meet its connectivity demands for the next 25 years.”

“It gives me great pleasure to offer EMACOM an increased share in the EllaLink cable system. Additional fiber pairs at a very competitive price will position Madeira as an ideal regional hub, offering direct connections to Portugal and onwards to Spain, Cabo Verde and Brazil. We look forward to working together for many years to come,” added Philippe Dumont, CEO of the EllaLink Group.

Being built by Alcatel Submarine Networks, EllaLink is a leading edge 4 fiber pair submarine cable system scheduled for operation in 2020. Designed to satisfy the growing demand for traffic between Europe and Latin America, the low latency EllaLink route avoids the congestion of the North Atlantic by offering the first ever direct fiber pair between the two continents.

About EMACOM

The company EMACOM – Telecomunicações da Madeira, Unipessoal, Lda., incorporated in August 1998, is wholly owned by the Empresa de Electricidade da Madeira, SA. EMACOM’s main objective is to provide fiber optic services as a neutral operator in the Autonomous Region of Madeira – Portugal, and to promote with international connectivity, the development of IT business opportunities in this region. For more information visit http://www.eem.pt

About EllaLink

EllaLink is an advanced subsea cable system offering secure high capacity connectivity on a unique low latency transatlantic route serving the growing needs of the Latin American and European markets. The EllaLink network directly connects Brazil and Europe, linking the major hubs of São Paulo and Fortaleza with Lisbon, Madrid and Marseille.

The EllaLink System is being built with state-of-the-art coherent technology initially offering 72Tbps of capacity over four fiber pairs. The landing sites in Fortaleza (Brazil) and Sines (Portugal) have been secured and EllaLink is scheduled to be Ready for Service in 2020. EllaLink is a privately funded and independent company committed to providing products and services on a Carrier Neutral and Open Access basis. To learn more visit ella.link

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EllaLink and Alcatel Submarine Networks start construction of submarine cable system between Latin America and Europe

Scheduled for operations in 2020, the 9200 km EllaLink system will provide express subsea connectivity offering a direct fiber pair between the two continents.

Dublin, Ireland and Paris, France – 8th January 2019 – EllaLink Ireland Ltd and Alcatel Submarine Networks (ASN) announced today that they have started construction of the EllaLink Submarine Cable System. Scheduled for operation in 2020, the EllaLink System is a state-of-the-art 4 fiber pair submarine system designed to satisfy the demand for traffic between Europe and Latin America.  Linking Data Centers in Madrid, Lisbon, Marseille, Fortaleza and São Paulo, EllaLink will provide express subsea connectivity, and offer the first ever direct fiber pair between the two continents.

“It gives me great pleasure to announce this significant milestone for EllaLink.  Since the initial idea in 2010, interest in the route has grown significantly. Together with our financial sponsor Marguerite II and key anchor tenants the EllaLink team has worked alongside ASN to design a high capacity system on the most optimum marine route. Many people have contributed towards making this system real, my sincere thanks go to each of them,” noted Alfonso Gajate Chairman of the EllaLink Board. Adding, “As implementation activities commence EllaLink will continue to focus on its primary objective of providing leading products and services on a Carrier Neutral and Open Access basis.”

Philippe Piron, President and CEO of Alcatel Submarine Networks said:  “The start of the construction of the EllaLink system is a significant achievement in the expansion of the submarine infrastructure between Latin America and Europe.  Once deployed, it will contribute to enhance trans-continental connectivity, for the benefit of the global consumer and business communities between the two continents.”

Laurent Chatelin, Managing Director of Marguerite stated, “The EllaLink System is a very good fit for Marguerite’s ICT infrastructure investment strategy which focuses on developing Carrier Neutral and Open Access infrastructure operators. EllaLink represents an important first step into the subsea cable market for Marguerite. Working with the EllaLink team during the development phase to reach Contract In Force is a great achievement and we are looking forward to supporting EllaLink over the next phase of its development and the build of the system.”

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About EllaLink

EllaLink is an advanced subsea cable system offering secure high capacity connectivity on a unique low latency transatlantic route serving the growing needs of the Latin American and European markets. The EllaLink network directly connects Brazil and Europe linking the major hubs of São Paulo and Fortaleza with Lisbon, Madrid and Marseille.

The EllaLink System is being built with state-of-the-art coherent technology initially offering 72Tbps of capacity over four fiber pairs. The landing sites in Praia Grande (Brazil), Fortaleza (Brazil) and Sines (Portugal) have been secured, and EllaLink is scheduled to be Ready for Service in 2020. EllaLink is a privately funded and independent company committed to providing products and services on a Carrier Neutral and Open Access basis. To learn more visit ella.link or contact info@ella.link

About Alcatel Submarine Networks

Alcatel Submarine Networks, part of Nokia, leads the industry in terms of transmission capacity and installed base with more than 600,000 km of optical submarine systems deployed worldwide, enough to circumnavigate the globe 15 times. From traditional telecom applications to infrastructure for content and “Over The Top” service providers, as well as solutions for offshore oil and gas applications, ASN provides all elements of turnkey global undersea transmission systems, tailored to individual customer’s needs. An extensive service portfolio completes its comprehensive offering for the submarine business, including project management, installation and commissioning, along with marine and maintenance operations performed by ASN’s fully owned fleet of cable ships.

Cabo Verde Telecom and EllaLink sign agreement for connectivity to Cabo Verde on the EllaLink Submarine Cable System

Cabo Verde and Madrid, Spain – 13th December 2018 – Cabo Verde Telecom and EllaLink are pleased to announce the contract signature of their agreement to deliver connectivity from Europe and Latin America to Cabo Verde via the EllaLink Submarine Cable System.

The alliance with Cabo Verde Telecom, alongside existing agreements and support from EllaLink’s equity sponsor Marguerite II, will enable commencement of implementation activities for the project.  The EllaLink system, due to be operational in 2020, is a state-of-the-art 4 fiber pair submarine cable designed to satisfy the demand for traffic between Europe and Latin America.

Mr. Jose Luis Livramento, the CEO of CVT expressed “Cabo Verde enjoys a unique geopolitical position in the Atlantic, equidistant between Europe and Latin America and close to Africa with a stable and solid commitment to order and democracy, all of which makes it the ideal hub for interconnecting these territories,” adding “EllaLink has worked hand in hand with CVTelecom over the last two years to ensure Cabo Verde will benefit from this unique opportunity to secure and grow its highly competitive international connectivity. Investing in  the EllaLink system will position Cabo Verde as a leader in the digital transformation of the region.”

Alfonso Gajate Chairman of the EllaLink Board noted “This agreement with Cabo Verde Telecom is fundamental to the project allowing us to move ahead and start to build the EllaLink submarine cable system. CVTelecom’s $25M investment in EllaLink marks an important strategic decision for the country which will aid the development of its social and economic vision.  Connecting Cabo Verde to Europe and Latin America with an initial capacity of 200Gbps will enable CVTelecom to create an Information Technology platform in the Atlantic. We are delighted to have confirmed our partnership with CVTelecom today and look forward to continuing to work together on the implementation of EllaLink.”

With this new connectivity to Praia, the Cabo Verde islands will have enhanced diversity and resilience within their telecoms infrastructure, as well as access to capacity that will contribute to the fast-paced internet and 5G data growth in the region.  Alongside Praia, the landing sites in Fortaleza (Brazil), Praia Grande (Brazil) and Sines (Portugal) have been secured. EllaLink is a privately funded and independent company committed to providing products and services on a Carrier Neutral and Open Access basis.

About CVTelecom

Cabo Verde Telecom SA  known as CVTelecom is the largest telecommunications provider Group in Cape Verde. Due to regulatory vertical separation of the markets, Cabo Verde Telecom fully owns CVMóvel and CVMultimedia which are telecommunication operators, leaders in the provision of services on the mobile and multimedia sectors.

Cabo Verde Telecom explores a service concession from the State of Cape Verde, operating its fixed network which includes among others, the inter-islands fiber optics submarine cable system, as well as the international fiber optics submarine cable systems, Atlantis 2 and WACS. The EllaLink system will be the fundamental factor to secure the connectivity of Cape Verde to the world and enable the development of the social and economic vision of the country.

About EllaLink

EllaLink is an advanced subsea cable system offering secure high capacity connectivity on a unique low latency transatlantic route serving the growing needs of the Latin American and European markets. The EllaLink network directly connects Brazil and Europe linking the major hubs of São Paulo and Fortaleza with Lisbon, Madrid and Marseille.

The EllaLink System is being built with state-of-the-art coherent technology initially offering 72Tbps of capacity over four fiber pairs. The landing sites in Praia Grande (Brazil), Fortaleza (Brazil) and Sines (Portugal) have been secured, and EllaLink is scheduled to be Ready for Service in 2020. EllaLink is a privately funded and independent company committed to providing products and services on a Carrier Neutral and Open Access basis. To learn more visit ella.link or contact info@ella.link

GÉANT and RedCLARA announce signature of BELLA contract for 25-year direct transatlantic connectivity

GÉANT, Europe’s leading collaboration on e-infrastructure and services for research and education, and RedCLARA, the Latin American Research and Education Network, today announced the signing of an Indefeasible Right of Use (IRU) contract with EllaLink, for spectrum on a direct submarine cable connecting Europe and Latin America.

Procured on behalf of the BELLA Consortium, the BELLA IRU will provide for the transatlantic data-sharing and collaboration needs of the European and Latin American research and education communities for the next quarter of a century, in areas such as astronomy, particle physics, and earth observation. With funding from the European Union (EU) and the Latin American NREN community, the IRU represents a key financial element in the building of the EllaLink cable, which is expected to be operational in late 2020.

GÉANT and RedCLARA were first interconnected in 2003 under the EU-funded ALICE project to support scientific and academic collaboration between the two continents. Since then connections speeds have grown by over 1,600% from 622 Megabits per second (Mbps) to the current 10 Gigabits per second (Gbps). However, there is no direct submarine cable capable of supporting research and education data needs between Europe and Latin America, limiting capacity and cost-effectiveness.

With spectrum on the EllaLink cable however, research and education traffic will flow directly between the two continents, not only reducing latency by up to 60% and improving data protection, but also providing cost-effective and – importantly – scalable connectivity at significantly higher speeds than have previously been possible.

The need to scale connectivity was highlighted recently by exciting discoveries in the area of astronomy – an important part of the Latin American research community – such as the merger of two neutron stars (known as a ‘Kilonova’) and the detection of ‘Oumuamua’, the most elongated asteroid known to science, that required collaboration involving infrastructure and scientists in Europe and Latin America.

Such collaborations between the two continents are set to expand significantly in the coming years, and with programmes such as Copernicus – the EU’s earth observation programme – the importance of the BELLA connectivity will only increase.

Erik Huizer, GÉANT CEO said, “I am delighted to see the culmination of work with our BELLA Consortium colleagues leading to the signature of the BELLA contract with EllaLink. Obtaining spectrum on an intercontinental submarine cable, which we can deploy and upgrade with our Latin American partners in line with research and education connectivity requirements, is a completely new model for our international connections, and will provide us with the flexibility and cost efficiencies we need to meet our users’ needs. It will be exciting to watch the deployment of a submarine cable at close hand and we look forward to seeing bits between GÉANT and RedCLARA being exchanged for the first time on a physically direct path between the two continents in 2020”.

Luis Eliécer Cadenas, Executive Director of RedCLARA, and co-chair of the BELLA Consortium, said, “This milestone is a key achievement for the Latin American research and education community. We are opening a direct collaboration channel with Europe, guaranteeing security and quality of service for the many scientific and educational applications that we expect to offer. RedCLARA is engaged in building the data communications infrastructure for research and education that will foster regional development. The BELLA subsea cable is a first stone in building this capacity”.

Fernando Liello of the Italian NREN, GARR, co-chair of the BELLA Consortium and coordinator of the feasibility study that led to the BELLA programme, said: “This milestone is the first major step towards the completion of efforts of several years by a large group of people brought together by the vision of a closer and more efficient interaction between European and Latin American research communities. This link will strengthen the many historic, social and scientific research links that already exist between the European and Latin American communities. Notwithstanding its importance, this achievement is only the first step on the strategic path of the BELLA programme whose final objective is to overcome the digital divide between these two regions”.

About BELLA

BELLA (Building the Europe Link with Latin America) provides for the long-term interconnectivity needs of European and Latin American research and education communities by procuring and deploying a long-term Indefeasible Right of Use (IRU) for spectrum on a direct submarine cable between the two regions, and deploying a 100Gbps-capable research and education network across Latin America.

BELLA is implemented by a Consortium of the Regional Research and Education Networks GÉANT (Europe) and RedCLARA (Latin America) and the National Research and Education Networks of Brazil, Chile, Colombia, Ecuador, France, Germany, Italy, Portugal and Spain. Funding for BELLA is provided by the European Commission (DG-CONNECT, DG-DEVCO and DG-GROWTH) and Latin America NRENs.

For more information, visit www.bella-programme.eu

About GÉANT

GÉANT is Europe’s leading collaboration on network and related infrastructure and services for the benefit of research and education, contributing to Europe’s economic growth and competitiveness. The organisation develops, delivers and promotes advanced network and associated e-infrastructure services, and supports innovation and knowledge-sharing amongst its members, partners and the wider research and education networking community.

For more information, visit www.geant.org

About RedCLARA

RedCLARA is the Latin American Research and Education Network, regional leader and promotor of collaboration and development in education, science and innovation, by means of its e-infrastructure and services tailored for its community needs. RedCLARA provides regional interconnections and connections to the world through its international links and promotes the development of tools, services and research projects to empower regional scientific and educational development and the collaboration within Latin American R&E institutions and of Latin America and the rest of the world with an important focus on less developed regions.

For more information, please visit: www.redclara.net

About EllaLink

EllaLink is an advanced subsea cable system offering secure high capacity connectivity on a unique low latency transatlantic route, serving the growing needs of the Latin American and European markets. The state-of-the art system directly connects Brazil and Europe, linking the major hubs of São Paulo and Fortaleza with Lisbon, Madrid and Marseille.

The EllaLink System is being built by Alcatel Submarine Networks with state-of-the-art coherent technology, initially offering 72Tbps of capacity over four fibre pairs. The landing sites in Praia Grande (Brazil), Fortaleza (Brazil) and Sines (Portugal) have been secured, and EllaLink is scheduled to be Ready for Service in 2020. To learn more visit www.ella.link or contact info@ella.link

Cabo Verde Telecom and EllaLink Sign an Agreement to Connect Cabo Verde to Europe and Latin America

PRAIA, Cape Verde and MADRID, June 12, 2018 /PRNewswire/ — Cabo Verde Telecom and EllaLink announce the signature of a binding Memorandum of Understanding to deliver subsea fibre connectivity to Cabo Verde.

EllaLink System

The EllaLink system, which will be operational in 2020, is a new 4-fiber-pair submarine cable that is being constructed to meet the demand for traffic between Europe and Latin America. When built, it will provide the only direct connection between the two continents and branches along the 6,000km route to service customers in Cabo Verde and Madeira.

This new connectivity to Cabo Verde will enhance the diversity and resilience of the island’s telecoms infrastructure by providing a direct route to both Brazil and Portugal, as well as providing access to telecoms capacity that will enable significant growth in internet, cloud computing and 5G services in the region.

Jose Luis Livramento, CEO of Cabo Verde Telecom, states: “We welcome this opportunity for additional fibre connectivity to our islands and believe this new infrastructure will reinforce the capabilities of Cabo Verde as a strategic telecommunications hub with direct access to Europe and The Americas.”

Alfonso Gajate, Chairman of  EllaLink added, “This commitment from Cabo Verde Telecom represents another major step for EllaLink towards its construction and a confirmation that improved connectivity between Europe and Latin America is now required. We are also proud to support Cabo Verde Telecom’s ambition to grow the country’s digital economy.”

EMACOM and EllaLink Sign an Agreement to Connect Madeira to Mainland Portugal With a Dedicated Fibre Pair on the EllaLink Submarine Cable System

EMACOM and EllaLink are pleased to announce the signature of a contract committing to connect the islands of Madeira with a dedicated fibre pair on the EllaLink Submarine cable system.

Directly linking Data Centres in MadridLisbon and Fortaleza, and with direct access to system aggregation points such as São Paulo and Marseille the EllaLink system will provide an unrivalled platform for high-capacity services between Europe and South America, as well as to the archipelago of Madeira along the route. The system, which will be ready for service in 2020, will support the expanding need for secure, low latency connectivity across a broad range of customers in the major financial and population centres of Europe and South America.

With this new connectivity to Funchal, the islands of Madeira will enjoy the benefits of improved diversity and resilience within their telecoms connectivity as well as access to telecoms capacity that should satisfy the islands’ needs for the next 25 years.

Rui Faria Rebelo, President of the board of EMM, says: “We welcome this opportunity for additional fibre connectivity toour islands and believe this new infrastructure will allow us to expand and improve the business-friendly environmentthat Madeira offers.”

Alfonso Gajate, Chairman and founder of EllaLink, stated, “We are proud to partner with EMACOM as an EllaLink anchor customer in the project. We believe that this new system will significantly contribute to Madeiras social and economic development as well as to growth in business, research, trade and investments in every location along its route.

About EMACOM

The company EMACOM – Telecomunicações da Madeira, Unipessoal, Lda., Incorporated in August 1998, is wholly owned by the Empresa de Electricidade da Madeira, SA.

EMACOM’s main objective is to provide fiber optic services as a neutral operator in the Autonomous Region of Madeira – Portugal, and to promote with international connectivity, the development of IT business opportunities in this region.

http://www.eem.pt

About EllaLink

EllaLink is a new submarine cable connecting Brazil and Europe and it will link the major hubs of Sao Paulo and Fortaleza with Lisbon and Madrid. The system is being built by Alcatel Submarine Networks and will be one of the new generation coherent submarine cables, offering 72 terabits of capacity over 4 fibre pairs. EllaLink has secured the landing sites in Santos (Brazil)Fortaleza (Brazil) and Sines (Portugal), and is scheduled to be ready for service in 2020.

http://www.eulalink.com/

EulaLink Names Philippe Dumont as its New Chief Executive Officer

EulaLink, the developer and holding company of EllaLink, has appointed Philippe Dumont as its new chief executive officer and has been elected to its board of directors.

Dumont enters the role with over 20 years international telecoms experience having been the former president and CEO of Alcatel Submarine Systems, a provider of submarine cable systems.

“We are very pleased to have Philippe join us” said Alfonso Gajate, chairman of EulaLink’s. “Philippe brings with him his tremendous experience and network of the subsea cable Industry, which will surely benefit this project.”

Philippe Dumont added: “I look forward to assisting EulaLink in its ambitious plans to improve connectivity between Europe and Latin America as well as joining a great team of professionals with such impressive track record in developing cables. With Infrastructure investor MargueriteII joining the project as new sponsor and the announcement of new contracts during ITW, we have now a very solid and defined environment to finalize the development of the project and start EllaLink’s construction this year”

The EllaLink system, which delivers telecoms connectivity between Spain, Portugal and Brazil, will be ready for service in 2020. Once live it will enable low latency, data privacy and high capacity transmission for a broad range of customers between the major financial and population centres of Europe, South America and the Caribbean.

 

EllaLink Submarine Cable System Receives €25 Million Euro “Intent To Award” From GÉANT And RedCLARA

MADRID, Spain – EllaLink today announces receipt of an Intent to Award for a €25 million contract with GÉANT and RedCLARAon behalf of the BELLA Consortium. This award is for a Capacity Purchase on the EllaLink submarine cable, a new state-of-the-art transatlantic system.

The EllaLink system, providing 72 terabits of telecoms capacity between Spain, Portugal and Brazil will be ready for service in 2020. The new system will enable low latency, data privacy and high capacity transmission for a broad range of customers between the major financial and population centres of Europe, Latin America and the Caribbean. Linking Data Centres in Madrid, Lisbon, Fortaleza and São Paulo, EllaLink will provide express submarine connectivity between Europe and Latin America, and offer the first ever direct fibre pairs between the two continents.

The Intent to Award decision by the BELLA Consortium completes a two-year public tender process involving a number of European operators, culminating in an agreement, and publication of this Intent to Award decision. The parties will now complete the structured BELLA procurement process, prior to concluding final contract signatures.

Alfonso Gajate, Chairman and Founder of EllaLink, states, “We are excited to reach this key milestone in the development of the EllaLink submarine cable. With this significant commitment, we welcome the BELLA consortium as partners and Anchor Customer in the project. We look forward to opening this exciting new route between these two continents, and to contribute to the success of their further growth together.”

Through the BELLA Consortium the new capacity will significantly strengthen the links between the Research and Education Networks in the two continents, enabling new collaborative activities between the scientific and academic communities in Europe and Latin America and supporting innovation and knowledge-sharing.

For more information please contact media@ellalink.es.

About EllaLink

EllaLink is a new submarine cable connecting Brazil and Europe linking the major hubs of Sao Paulo and Fortaleza with Lisbon and Madrid. The system is being built by Alcatel Submarine Networks and will be one of the new generation coherent submarine cables, offering 72 terabits of capacity over 4 fibre pairs. EllaLink has secured the landing sites in Santos (Brazil), Fortaleza (Brazil) and Sines (Portugal), and is scheduled to be Ready for Service in 2020. For more information please contact media@ellalink.es.

About BELLA

BELLA (Building the Europe Link with Latin America) provides for the long-term interconnectivity needs of European and Latin American research and education communities by procuring and deploying a long-term Indefeasible Right of Use (IRU) for spectrum on a direct submarine cable between the two regions, and deploying a 100Gbps-cabable research and education network across Latin America.

BELLA is implemented by a Consortium of the Regional Research and Education Networks GÉANT (Europe) and RedCLARA (Latin America) and the National Research and Education Networks of Brazil, Chile, Colombia, Ecuador, France, Germany, Italy, Portugal and Spain. Funding for BELLA is provided by the European Commission (DG-CONNECT, DG-DEVCO and DG-GROWTH) and Latin America NRENs.

About GÉANT

GÉANT is Europe’s leading collaboration on network and related infrastructure and services for the benefit of research and education, contributing to Europe’s economic growth and competitiveness. The organisation develops, delivers and promotes advanced network and associated e-infrastructure services, and supports innovation and knowledge-sharing amongst its members, partners and the wider research and education networking community.

For more information, visit www.geant.org

About RedCLARA

RedCLARA is the Latin American Research and Education Network, regional leader and promotor of collaboration and development in education, science and innovation, by means of its e-infrastructure and services tailored for its community needs. RedCLARA provides regional interconnections and connections to the world through its international links and promotes the development of tools, services and research projects to empower regional scientific and educational development and the collaboration within Latin American R&E institutions and of Latin America and the rest of the world with an important focus on less developed regions.

For more information, please visit: www.redclara.net

Infrastructure Investor Marguerite II Joins the EllaLink Submarine Cable as Financial Sponsor

LUXEMBOURG and MADRID, Spain, May 07, 2018 (GLOBE NEWSWIRE) — Marguerite II, a pan-European equity fund active in the renewables, energy, transport and digital infrastructure sectors, has signed an agreement to join the EllaLink submarine cable system as new sponsor to help develop the project.

The EllaLink system, providing telecoms connectivity between Spain, Portugal and Brazil, will be ready for service in 2020 and will enable low latency, data privacy and high capacity transmission for a broad range of customers between the major financial and population centres of Europe, South America and the Caribbean. Linking Data Centres in Madrid, Lisbon, Fortaleza and São Paulo, EllaLink will provide express subsea connectivity between Europe and Latin America, and offer the first ever direct fibre pairs between the two continents.

Nicolás Merigó, CEO of Marguerite stated: “The EllaLink project is a great fit with Marguerite’s strategy of seeking out differentiating investment opportunities in capital-intensive infrastructure assets. Submarine cables are at the core of today’s Telecommunication infrastructure and we see tremendous long-term growth for this industry. In EulaLink, we have found a world class partner, with an impressive track record in developing submarine cables and we are looking forward to supporting the development of the EllaLink system”.

Alfonso Gajate, Chairman of EulaLink, declared “We are delighted to have found in Marguerite an investor with the vision and financial strength to support our ambitions. With them, we share the view that EllaLink is a key telecommunications infrastructure project for enabling communications between Brazil, its neighbouring countries and Europe with the unique value proposition of offering a diverse, direct, secure and cost effective alternative to internet traffic between the two continents”.

About Marguerite 

Established in 2010 with offices in Luxembourg and Paris, Marguerite is an alternative investment fund manager licensed in Luxembourg. It is independently owned by its partners and manages three investment funds:

  • Marguerite Fund, a EUR 710m infrastructure fund raised in 2010 and now fully invested across 20 investments
  • Marguerite Pantheon SCSp, an investment vehicle owning stakes in renewables and transport assets in Europe
  • Marguerite II SCSp, a EUR 705m infrastructure fund raised in 2017 with commitments from EIB, KfW, CDC, CDP, BGK, and ICO.

www.marguerite.com

About EllaLink

EllaLink is a new submarine cable connecting Brazil and Europe and it will link the major hubs of Sao Paulo and Fortaleza with Lisbon and Madrid. The system is being built by Alcatel Submarine Networks and will be one of the new generation coherent submarine cables, offering 72 terra bits of capacity over 4 fibre pairs. EllaLink has secured the landing sites in Santos (Brazil), Fortaleza (Brazil) and Sines (Portugal), and is scheduled to be ready for service in 2020.
www.ella.link