Arctaris Funds Broadband Fiber in Opportunity Zones to Increase Digital Equity
Posted on 350 Arctaris Impact Investors, LLC (“Arctaris”) announced new Opportunity Zone investments in broadband infrastructure that will provide affordable, high-speed internet access to multiple low-income communities throughout Colorado and Maine. The project funding in both states will include an estimated $60 million of equity investment from the Arctaris Opportunity Zone Fund, combined with guaranty agreements from The Colorado Health Foundation and the Finance Authority of Maine, which provide a principal-protection cus...
Source: financialbuzz.com