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- Arcus
- Our News
London 4 November – Arcus Infrastructure Partners (โArcusโ) is proud to share its strong results in the 2025 GRESB Infrastructure Assessment.
Excellent scores were achieved at both a fund and asset level, demonstrating Arcusโ ongoing commitment to embedding ESG principles in its asset management. All Arcus funds scored maximum points in the Management component โ which measures a fundโs ESG qualitative processes โ scoring 30 points out of a possible 30, ranking first out of 135 infrastructure funds. This was achieved through a disciplined and systematic implementation of ESG initiatives at an Arcus level.
AEIF2
AEIF2 improved its score by three points to 96 out of a possible 100 in the 2025 GRESB Fund Assessment. This reflects strong ESG performance across the portfolio. Highlights included HB RTS improving its score from 77 in 2024 to 94 in 2025 – a 22% increase. Opus also performed strongly, rising from 86 to 96 points while Swiss4net increased from 93 to 97 points.
AEIF3
The AEIF3 GRESB fund score decreased slightly from 85 to 84 out of 100 in 2025, reflecting the first-time participation of two new AEIF3 assets, Coolworld and EZE, in the benchmarking process. As the AEIF3 portfolio continues to be built out, we expect to see some fluctuations in the AEIF3 fund score as the newer fund assets commence their participation in GRESB.
AEIF3โs third year participating in the GRESB Infrastructure Assessment demonstrated continued progress in ESG performance from returning participants. Each of Workdry, Portus, and Officium improved their scores, rising from 89 to 92, 75 to 81, and 67 to 70 respectively.
Coolworld and EZE participated for the first time, scoring 69 and 68 respectively – aligned with our expectations for first time participants. Arcus remains confident these assets will continue to improve in the coming years as we work closely with their management teams to implement and strengthen ESG initiatives across the portfolio.
GRESB Scores
Sector Leader Awards
Arcus A1 Investor vehicle LLP (GTCโs holding partnership) was awarded the fund Sector Leader status for both sector and region categories in the Infrastructure Fund assessment, ranking first out of the 99 funds completing a GRESB Fund Assessment.
GTC also received the asset level Sector Leader award, obtaining a score of 100 out of 100 points, ranking first in the transport category for the first time.
Arcus European Trains SCSp, (Alpha Trainsโ holding partnership), also received the Sector Leader status for sector and region categories for the fourth year running.
Arcus’ ESG and external benchmarking approach
Given Arcusโ dedicated focus on infrastructure investments, sustainability remains a key area of focus and an important component of our investment strategy across all funds. We believe that our role as a controlling shareholder is inherently custodial, and that a thoughtful, proactive approach to ESG can deliver meaningful societal benefits.
External benchmarking initiatives such as GRESB play a critical role in this process, enabling Arcus to track year-on-year performance and uphold accountability for managing and delivering ESG initiatives.
This year marks the ninth consecutive year of Arcusโ participation in the GRESB Infrastructure Assessment, having joined at its inception in 2017. Arcus also contributes to industry best practice and the development of GRESB Standards through its membership of the GRESB Infrastructure Standards Committee, which it joined in October 2018, as well as Expert Resource Groups, which provide technical expertise, industry resources and guidance.
As ESG best practice continues to evolve, Arcus remains committed to maintaining the high standards we have set, while actively seeking opportunities for further improvement.
For any queries, please contact the Arcus IR team at investor.relations@arcusip.com.
About GRESB
GRESB is a mission-driven and industry-led organisation providing standardised and validated ESG data to financial markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world, used by c. 150 institutional and financial investors to inform decision-making. For more information, visit GRESB.com.
- Arcus
- Our News
In a recent episode of Infrastructure Investorโs Spotlight podcast, Neil Krawitz, Head of ESG and Asset Management at Arcus, shared insights on the importance of adopting a long-term perspective on sustainability. As climate change continues to drive more frequent and severe weather events, he emphasized that adaptation must become a central focus for infrastructure managers.
The conversation also explored the growing backlash against ESG and its implications for sustainability commitments. Despite these challenges, Arcus remains firmly committed to ESG, viewing it as an essential element of effective asset management and a cornerstone of a sustainable future.
๐ง Listen to the full discussion below.
- Transport
- Our News, Press
London, 16 October 2025 โ Arcus Infrastructure Partners (โArcusโ) is pleased to announce that Abyss AS (โAbyssโ or โthe Companyโ), Arcus European Infrastructure Fund 3 SCSp (โAEIF3โ)โs specialist service vessel provider supporting the salmon farming industry in Norway and Iceland, has entered into an agreement to acquire Frรธy Akvaservice AS (โFrรธy Akvaserviceโ). Frรธy Akvaservice is a provider of service vessels to the Norwegian aquaculture industry, and is being carved out of Frรธy Group AS.
Operating a fleet of 33 vessels, Frรธy Akvaservice delivers a range of services including towing, installation, maintenance, wellboat support, and dedicated net cleaning along the entire Norwegian coastline. The companyโs business model and operations closely mirror those of Abyss, with a significant proportion of its vessels on time charter contracts and a strong reputation for vessel quality and skilled crew. Frรธy Akvaserviceโs shoreside organisation supports technical maintenance, operations management, and has a strong health and safety culture, ensuring high standards across its operations.
On completion of the transaction, Abyss will own 100% of Frรธy Akvaservice and operate a combined fleet of 56 service vessels and four inspection vessels. The combined business is well positioned to serve a broad range of salmon farmers along the Norwegian coast, unlock significant synergies through operational integration and enhanced fleet utilisation. We believe the acquisition also derisks Abyssโ own organic growth plans and creates the opportunity to expand operations into adjacent geographies.
Together, Abyss and Frรธy Akvaservice are set for sustainable growth and long-term value creation in a sector supported by robust demand drivers.
Michael Allen, Partner and Head of Transport at Arcus, commented: โThis acquisition marks a transformative milestone for Abyss. By combining the complementary fleets, expertise, and operational strengths, we are unlocking powerful synergies that will drive efficiency, innovation, and sustainable growth across the North Atlantic region. We look forward to working with the Abyss and Frรธy Akvaserviceโs teams to build on their strong legacies and accelerate our shared vision for long-term value creation in the aquaculture sector.โ
Victor Jensen, CEO of Abyss, said: โThis is a pivotal moment for Abyss Group and a testament to the long-term vision we share with Arcus. The acquisition of Frรธy Akvaservice significantly enhances our capacity and flexibility, allowing us to deliver even greater value to our customers, employees, and the communities we serve. By combining our strengths, we are better positioned to meet growing industry demand with high-quality, reliable services across the North Atlantic region.โ
Completion of the acquisition is subject to approval from the Norwegian Competition Authority.
Abyss was advised by Wiersholm (Legal), A&M (Financial and Tax), DNV and Haugen AS (Technical), Cardo Partners (Commercial) and Aon (Insurance / IT).
About Arcus
Arcus Infrastructure Partners is an independent fund manager focused solely on long-term investments in European infrastructure. Arcus invests on behalf of institutional investors through discretionary funds and currently manages โฌ9.6bn of assets (as at 30 June 2025). Arcus targets mid-market, value-add infrastructure investments, with a particular focus on businesses in the digital, transport, logistics & industrials, and energy sectors. Further information on Arcus Infrastructure Partners can be found on www.arcusip.com.
- Digital
- Our News
London, 21 May 2025 โ Arcus Infrastructure Partners (โArcusโ) is pleased to announce that FixMap sp. z o.o., (โFixMapโ or โthe Companyโ), Arcus European Infrastructure Fund 3 SCSp (AEIF3)โs Polish fibre-to-the-home (โFTTHโ) operator, has acquired Stimo.Net sp. z o.o. (โStimo.Netโ), a FTTH operator and Internet Service Provider (โISPโ) based in the Podkarpackie and Mazowieckie provinces of Poland.
FixMap has been established through a highly active buy-and-build strategy, with Stimo.Net representing the twenty-second acquisition for the Company and the second acquisition under AEIF3โs ownership.
Stimo.Net has a network coverage of c. 16k homes passed and c. 9k homes connected across Poland[1].
The location of Stimo.Netโs network in the Podkarpackie and Mazowieckie regions is adjacent to the networks of three existing FixMap subsidiaries. The acquisition of Stimo.Net strengthens FixMapโs footprint in these regions, improving its competitive positioning whilst also unlocking synergies as Stimo.Net joins the FixMap group.
FixMap was founded in 2018 and operates through local subsidiaries, covering c. 396k homes passed with c. 123k homes connected across Poland2. FixMap subsidiaries are both ISPs and network operators and seven of these subsidiaries today also provide wholesale services to Orange Polska, the leading telecommunications provider in Poland.
The acquisition of Stimo.Net will increase FixMapโs network size to c. 404k HPs and c. 132k HCs (including WiFi customers).
Christopher Ehrke, Partner and Head of Digital at Arcus, commented: โFixMap remains focused on its strategy of consolidation in the fragmented Polish FTTH market. We are pleased to announce the acquisition of Stimo.Net, which will further strengthen FixMapโs coverage in the Podkarpackie and Mazowieckie regions. This is the second acquisition under AEIF3โs ownership and we continue to pursue an active M&A pipeline of other regional Polish network operators, continuing FixMapโs successful buy and build strategy.โ
Piotr Muszynski FixMap minority shareholder and CEO commented: โFixMapโs strategic partnership with Arcus has enabled us to successfully complete our twenty-second acquisition in the Polish ISP market. The addition of Stimo.Net strengthens our local footprint and enhances operational synergies across the FixMap Group. Thank you to both the Arcus and FixMap teams for your dedication and collaboration throughout this process.โ
FixMap was advised by SSD Legal (Legal), Akademia ลwiatลowodowa (Technical), Acropolis Advisory (Financial), and Innside Tax (Tax).
About Arcus
Arcus Infrastructure Partners is an independent fund manager focused solely on long-term investments in European infrastructure. Arcus invests on behalf of institutional investors through discretionary funds and currently manages โฌ9.1bn of assets (as at 31 December 2024). Arcus targets mid-market, value-add infrastructure investments, with a particular focus on businesses in the digital, transport, logistics & industrials, and energy sectors. Further information on Arcus Infrastructure Partners can be found on www.arcusip.com.
About FixMap
FixMap was founded in 2018 by Piotr Muszyลski, a manager with experience in both the telecommunications industry and business consulting. FixMap operates a buy-and-build strategy through M&A activity, with the objective of consolidating the fragmented Polish FTTH market. FixMap currently operates through 20 local subsidiaries, covering c. 270k homes passed with c. 100k homes connected across Poland (as of August 2024).
[1] Including Wi-Fi customers, as of 30 November 2024.
[2] As of 31 March 2025
For media enquiries
Harriet.saywell-lee@arcusip.com
+44 20 7832 3433
- Transport
- Our News
London, 12 March 2025 โ Arcus Infrastructure Partners (โArcusโ) is pleased to announce the acquisition of Abyss AS (โAbyssโ or the โCompanyโ), a leading specialist service vessel provider supporting the salmon farming industry in Norway and Iceland. The acquisition of Abyss represents the eighth investment by Arcus European Infrastructure Fund 3 SCSp (โAEIF3โ)
Established in 2000, Abyss has grown to become the second largest provider of service vessels in the salmon farming sector, with a fleet of 30 vessels, of which 24 are dedicated service vessels and six are inspection and diving vessels. The fleet is predominantly made up of 15-metre vessels which are largely contracted under CPI-linked framework agreements, with highly predictable demand. As the fleet expands with larger, more sophisticated vessels, there is a significant value-creation opportunity through transitioning the fleet to larger service vessels, increasing the proportion of time charters, and driving margin expansion in the business.
Abyss has strong ESG characteristics, operating a sustainable fleet. All its new build vessels are hybrid, which will be standard for any future vessels procured. The underlying salmon farming industry has excellent ESG characteristics, with the highest feed conversion ratio of any commercial protein source, 90% lower CO2 emissions per kg of edible protein than beef farming, and a very attractive nutrition profile. Abyssโ service vessels maintain the condition of the salmon farms and support the health of the fish and the wider environment.
Abyss operates in a market with high barriers to entry. There has not been a new entrant since 2010, and the sector is rapidly consolidating. This presents strong M&A opportunities, with Abyss having acquired two businesses in the last three years and currently progressing pipeline opportunities. This market consolidation approach fits well within Arcusโ active asset management strategy and offers a clear route for delivering further value.
Michael Allen, Partner and Head of Transport at Arcus, commented: โAfter researching the aquaculture service vessels sector over a number of years, it was clear that Abyss was a strong fit for AEIF3โs investment strategy. Abyss is a significant market player with an excellent track record, robust underlying growth trends and solid infrastructure characteristics. The Abyss management team, with Victor Jensen at the helm, is exceptionally strong and has already delivered on a significant growth strategy. We look forward to working with Victor and the management team to unlock the next phase of growth on this companyโs dynamic trajectory.โ
Victor Jensen, Founder and CEO of Abyss, commented: โI am delighted that Arcus recognises the strength of the Abyss business, and the trust they have shown in our strategy and growth prospects. Together we can continue to build on our excellent track record and develop into one of the world`s leading aquaculture service vessel companies. This is a landmark transaction for the company, enabling us to achieve our ambitious goals for the company in the years to comeโ.
The transaction is expected to complete later this month.
Arcus was advised by Wiersholm (Legal), Cardo (Commercial), A&M (Financial, Tax, Structuring), Arup (Technical and ESG), SEB (M&A) and Lockton (Insurance).
About Arcus
Arcus Infrastructure Partners is an independent fund manager focused solely on long-term investments in European infrastructure. Arcus invests on behalf of institutional investors through discretionary funds and currently manages โฌ9.1bn of assets (as at 31 December 2024). Arcus targets mid-market, value-add infrastructure investments, with a particular focus on businesses in the digital, transport, logistics & industrials, and energy sectors. Further information on Arcus Infrastructure Partners can be found on www.arcusip.com
About Abyss Group AS
Abyss Group AS is an aquaculture service company providing a broad range of services to some of the worldโs largest salmon farmers. Abyss has a fleet of 30 vessels, consisting of multi-purpose service vessels, net cleaners and inspection & preparedness vessels. The Company is headquartered in Kristiansund, Norway with five operational bases along the Norwegian coast and operations in Norway and Iceland.
For media enquiries
Harriet.saywell-lee@arcusip.com
+44 20 7832 3433
- Digital
- Our News
London, 05 March 2025 โ Arcus Infrastructure Partners (โArcusโ) is pleased to announce that FixMap sp. z o.o., (โFixMapโ or โthe Companyโ), Arcus European Infrastructure Fund 3 SCSp (AEIF3)โs Polish fibre-to-the-home (โFTTHโ) operator, has acquired Internet Union, a south-western polish FTTH operator and internet service provider (โISPโ), expanding the business into a new and attractive regional geography.
FixMap has been established through a highly active buy-and-build strategy, with Internet Union representing the twenty-first acquisition for the Company and the first acquisition under AEIF3โs ownership.
Founded over twenty years ago, Internet Union has a network coverage of c. 108k homes passed and c. 21k homes connected[1] across Wroclaw and surrounding areas of south-west Poland. FixMap currently has no network presence in this region, making it a very strategic acquisition and adding a fifth regional cluster to the portfolio. In addition, the acquisition provides new M&A opportunities through Internet Unionโs own M&A pipeline.
FixMap was founded in 2018 and operates through local subsidiaries, covering c. 279k homes passed with c. 100k homes connected[2] across Poland. FixMap subsidiaries are both ISPs and network operators and seven of these subsidiaries today also provide wholesale services to Orange Polska, the leading telecommunications provider in Poland.
The acquisition of Internet Union will increase FixMapโs portfolio to c. 387k homes passed and c. 121k homes connected. The acquisition of Internet Union significantly advances the M&A plan.
Christopher Ehrke, Partner and Head of Digital at Arcus, commented: โFixMapโs success has been built on a strategy of consolidation, and this continues to be a key strategic focus for FixMap management and Arcus. Six months into AEIF3โs ownership, we are delighted to announce the acquisition of Internet Union, which is very well-established in the Wroclaw area, a new and attractive regional geography for FixMap. This is the first acquisition under AEIF3โs ownership and we are in discussions with other regional Polish network operators which we hope to conclude over the coming months.โ
Piotr Muszynski FixMap minority shareholder and CEO commented: Internet Union was one of the key acquisition targets in FixMapโs M&A pipeline. This transaction demonstrates FixMap and Arcus teamsโ strong commitment and effective collaboration. I would thank both the FixMap and Arcus teams for their exemplary engagement and professionalism on this transaction and I look forward to further successes in pursuing this growth trajectory.โ
FixMap was advised by WKB (Legal), Grant Thornton (Financial and Tax), and Innside Tax (Tax).
About Arcus
Arcus Infrastructure Partners is an independent fund manager focused solely on long-term investments in European infrastructure. Arcus invests on behalf of institutional investors through discretionary funds and currently manages โฌ9.1bn of assets (as at 31 December 2024). Arcus targets mid-market, value-add infrastructure investments, with a particular focus on businesses in the digital, transport, logistics & industrials, and energy sectors. Further information on Arcus Infrastructure Partners can be found on www.arcusip.com.
About FixMap
FixMap was founded in 2018 by Piotr Muszyลski, a manager with experience in both the telecommunications industry and business consulting. FixMap operates a buy-and-build strategy through M&A activity, with the objective of consolidating the fragmented Polish FTTH market. FixMap currently operates through 20 local subsidiaries, covering c. 270k homes passed with c. 100k homes connected across Poland (as of August 2024).
[1] As at 31 December 2024
[2] As at 31 December 2024
For media enquiries
Harriet.saywell-lee@arcusip.com
+44 20 7832 3433
