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Connexa Technical Due Diligence

Technical Due Diligence

Connexa is New Zealand’s leading mobile tower infrastructure company, with the country’s most extensive network of over 2,400 mobile sites. They specialise in designing, building, and managing mobile tower infrastructure that enables telecommunications providers to deliver reliable wireless and mobile services across Aotearoa.

As mobile data usage continues to grow, Connexa is focused on future-proofing its network. Their ambitious forward-build programme, the largest in New Zealand, aims to add 800 new mobile sites over the next eight years. Connexa is committed to sustainability and strives to be an ESG (Environmental, Social, and Governance) leader in their sector. They offer both Built-to-Suit solutions, where a mobile tower is made specifically for a customer’s needs, and co-location solutions, where multiple telecommunications providers share the same tower.

Driving Change

Infravue team members were engaged as the buy-side technical, H&S and ESG advisor for CDPQ.
The due diligence process included a review of asset design, operations, systems, H&S, ESG, health and safety, and business planning. It also looked into future capex, opex, potential expansion costs, and Connexa’s ability to adhere to the BTS timeline.
The portfolio included more than 2,400 passive mobile infrastructure and resulted in CDPQ’s successful inaugural infrastructure investment in New Zealand.

Our services
  • Organisational review
  • Asset portfolio and technical review
  • Key agreements
  • O&M and asset management review
  • Business plan and commercial review
  • Workplace Health and Safety
  • Environmental, natural disasters and governance review
Our Role

Technical Advisor

Sector

Digital

Project Overview

Client

CDPQ

Scope

Technical Due Diligence

Deal Value

NZD 909m / USD 526m

Dates

2024