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Deals |
36 |
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DEAL ANNOUNCEMENT |
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Dow Schofield Watts LLP has advised on the raising of Development Capital for H2O Networks Limited from Coalfields Enterprise Fund, managed by Enterprise Ventures Limited . |
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No. |
DATE COMPLETED | PRICE PAID | HOW SATISFIED |
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36 |
12 September 2006 |
Not disclosed |
n/d |
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DESCRIPTION OF THE BUSINESS AND THE DEAL |
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Dow Schofield Watts has advised on the re-financing of H2O Networks Limited by the Coalfields Enterprise Fund, managed by Enterprise Ventures Limited. Financial details of the transaction have not been disclosed. By using the existing waste water network H2O Networks has been established to provide universities, local authorities, telecoms carriers, and other customers with a high speed, low cost, connectivity solution by the use of fibre optic cables. In particular this will take the form of creating virtual private networks, and new connectivity possibilities for existing carriers, and by expanding existing networks by offering greater resilience and disaster recovery options. |
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ADVISORS |
ROLE |
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| Dow Schofield Watts LLP | Company – Financial Advisor | ||
| Halliwells | Company - Legal Advisor | ||
| Laytons | Investor – Financial Advisor | ||
