Eutelsat Group is moving forward with the sale of its valuable assets, encompassing land, buildings, essential support infrastructure, antennas, and crucial connectivity circuits associated with its portfolio of teleports and Satellite Network Points (SNPs). The Paris-based operator has activated the put option as agreed upon in the contract signed with the private equity firm EQT Infrastructure VI in August.
This decisive action comes after the successful completion of consultations with the relevant employee representative bodies within Eutelsat. Eutelsat and EQT have now formalized their commitment by signing a binding Share Purchase Agreement. This agreement stipulates that EQT will acquire a controlling 80% stake in a newly established entity, while Eutelsat will retain a minority 20% ownership.
The transaction has placed a substantial value on this new entity, with an enterprise value pegged at €790 million. The successful completion of this deal is contingent upon regulatory review and is currently projected to finalize in the first quarter of 2026.