Church Commissioners expands timberland investment strategy with new acquisitions

The Church Commissioners for England announced a strategic expansion of its timberland investment portfolio, taking over management of Gigaclear's assets following creditor intervention. The transaction marks a shift in the Church Commissioners' value-add strategy, transitioning from direct timberland ownership to active asset management roles. Gigaclear, a UK-based rural broadband provider, had faced financial distress requiring creditor-led restructuring. The Church Commissioners will now oversee Gigaclear's operational and financial recovery while integrating its timberland assets into a broader sustainable investment framework. The deal reflects the Church Commissioners' long-term commitment to generating stable returns from natural resource investments while supporting critical infrastructure sectors. No financial terms were disclosed for the transaction, which was finalized in early April 2026.

Counterparts (2)

Investor

Church Commissioners

company · 1 deals

The Church Commissioners for England manages the Church of England’s £10B endowment fund, investing across global markets with a focus on climate transition and emerging markets. As a long-term investor, it allocates capital to infrastructure assets aligned with its sustainability objectives.

borrower

Gigaclear

company · 1 deals

UK-based full fibre broadband provider focused on delivering ultrafast rural connectivity, operating the largest exclusively rural fibre-to-the-premises network across 26+ counties with over 530,000 premises passed.