Contract awarded for Broadband Fiber PPP in North Carolina

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The North Carolina Department of Transportation (NCDOT) has awarded Plenary Broadband Infrastructure (PBI) a long-term contract for the NCDOT Broadband Fiber PPP project in the USA.

The project, known also as Fiber Infrastructure Operations, Maintenance, and Commercialization Services project, includes a 25-year contract for operations and maintenance services, as well as commercialization services for a fiber-optic broadband network. It will provide connectivity for the NCDOT’s administrative buildings and offices, maintenance buildings, Intelligent Transportations Systems and other sites and applications.

The winning team, Plenary Broadband Infrastructure, is formed by Plenary Americas as an equity investor, lead developer and financial arranger, Tilson Infrastructure as an equity investor and commercialization manager, and Tilson Technology Management, Inc. as the operations and maintenance contractor.

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