Quickline has secured a £125m term loan and £100m debt guarantee from The UK Infrastructure Bank, alongside a £25 million term loan provided by NatWest.
Mon, 14/02/2022 - 15:24
Connect Fibre has received funding from Foresight Group to accelerate its installation of a full fibre network across the east of England.
The altnet’s rollout will deliver gigabit speeds to over 100,000 homes and create jobs across the region. Connect Fibre has already developed a full fibre network in the village of Reach
Foresight has experience with sustainable infrastructure, real assets and SME investing.
Stefan Stanislawski, CEO of Connect Fibre, added: “We strongly believe in our regional strategy and that starts with levelling up our first villages and towns.”
Anouska Morjaria, Investment Manager at Foresight, said: “As evidenced by the pandemic, remote working and digital connectivity are essential for our modern lifestyles. Reliable, high-speed and accessible digital infrastructure forms an integral part of the UK’s National Infrastructure Strategy.”
