Brookfield Infrastructure Makes Strategic Investment in Hotwire Communications

Paul, Weiss is advising Brookfield Infrastructure, a leading global infrastructure investor, on its strategic investment in Hotwire Communications a pioneering provider of all-fiber broadband and telecommunication services. As part of this investment, Brookfield Infrastructure has entered into a definitive agreement with funds managed by Blackstone to acquire Blackstone’s stake in Hotwire. Brookfield Infrastructure’s investment in Hotwire reinforces its commitment to digital infrastructure, one of its core investment areas, and will support Hotwire’s long-term growth, including network densification, geographic expansion and continued innovation in fiber-to-the-home delivery.

The Paul, Weiss team is led by corporate partners Ravi Purohit and Michael Spirtos, and includes, among others, partners Stefanie Gitler, Suhan Shim, Charles Pesant and Toby Karenowski, and counsel Nathan Mitchell and David Epstein; executive compensation partner Jean McLoughlin and counsel Bruce Goldberger; tax partners Scott Sontag and Reuven Garrett; antitrust partner Nicole Kar and counsel John Magruder; intellectual property partners Bonnie Chen and Chuck Googe; real estate partner Salvatore Gogliormella; and litigation counsel Audrey Paquet.