Netomnia, along with ISP sister company YouFibre has completed an additional fundraise of £147.5m in its accordion facility welcoming three new lenders: Barclays, Alpha Bank and Nord/LB.
Tue, 23/05/2023 - 14:02
4th Utility has received a £25m investment from Netherlands-based NIBC Bank and will now look to accelerate growth and connect more homes than ever before.
The funding with add scale to 4th Utility’s recently announced connectivity project in Greenwich, London – and the funding announced today will allow it to expand even further.
Stuart Lees, Non-Executive Chairman at 4th Utility, said: “Today’s announcement marks a significant milestone for 4th Utility, empowering us to accelerate our vision for growth and ensure even more residential homes benefit from full fibre broadband.”
