Eco-Site receives USD 50m investment from Guggenheim Partners

Durham, North Carolina-based Eco-Site, Inc., a wireless tower and densification solutions company, has announced a USD 50 million investment from funds managed by Guggenheim Partners, with Guggenheim Corporate Funding, LLC acting as administrative agent and lead arranger, the company said.

The funds are available to support Eco-Site´s continued growth as the company continues to successfully complete infrastructure solutions for major US telecom carriers. Eco-Site´s model of building, owning and operating wireless infrastructure in the most desirable areas delivers customized, scalable solutions carriers need as they invest in network coverage, capacity and 5G capability.

Eco-Site offers superior real estate solutions for wireless network densification. Founded in 2012 by wireless industry executives with over 150 years of combined carrier and infrastructure experience, we address the problem of network densification head on. With access to millions of available parcels–along with tens of thousands of retail properties– we provide carriers customized, scalable results to meet their ever-changing network needs. We build, own and operate wireless infrastructure sites in the most desirable areas.

Guggenheim Partners is a global investment and advisory firm with more than USD 260bn in assets under management as of 12.31.2016, and including consulting services for clients whose assets are valued at approximately USD 63bn. The firm´s 2,300 professionals based in more than 25 offices around the world provide investment management, investment banking, and insurance services.