Contract signature completed for Broadband networks PPP in Maine

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Great Works Internet Partners (GWI), Arctaris Impact Investors, LLC (Arctaris), and the Finance Authority of Maine (FAME) have announced plans for the development of a Broadband networks PPP in the USA.

The project will build new fiber broadband networks for five communities in Maine, including South Portland, Millinocket, East Millinocket, Medway and Belfast. FAME is providing a loan and commercial guarantee support to the project.

The consortium will build over 240 fiber-optic route miles, and the networks will pass over 12,000 residential and business premises. The networks will cover significant portions of South Portland and Belfast as well as all premises located in Millinocket, East Millinocket and Medway.

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