Digital 9 Infrastructure’s (LSE:DGI9) portfolio company Leeson Telecom, which operates under the Elio Networks brand, has obtained a new debt facility from Allied Irish Banks aimed at strengthening its capital structure and funding future growth initiatives. The financing aligns with Digital 9’s strategy to extract value from its assets as it continues through a managed wind-down process.
The agreement includes €15 million in committed funding alongside a further €15 million available through an accordion feature. Elio intends to deploy the capital toward a combination of acquisitions and internal expansion projects. According to management, the business is currently exceeding expectations, supported by stable contracted revenues and strong cash flow generation, positioning it as a key contributor to value realisation for shareholders.
Despite this positive development at the asset level, Digital 9’s broader outlook remains under pressure. The group continues to face significant financial challenges, including recent losses, declining revenue, reduced equity, and inconsistent cash flow. Technical indicators also point to weakness, with the share price trading below major moving averages and momentum signals such as MACD remaining negative. Valuation remains difficult to assess due to the absence of meaningful earnings and dividend metrics.
More about Digital 9 Infrastructure Plc
Digital 9 Infrastructure plc is a London-listed investment trust focused on digital infrastructure assets. The company is currently in a managed wind-down phase, aiming to realise value from its remaining portfolio in an orderly manner. Its investment strategy is overseen by InfraRed Capital Partners, a global manager with approximately US$13 billion in equity under management, tasked with executing the wind-down and maximising returns for investors.
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