CFOC aims to provide rural and remote communities with reliable and fast fiber optic internet
MIAMI, FLA, Jan. 14, 2025 /PRNewswire/ - Power Sustainable Infrastructure Credit ("PSIC") recently closed on a CAD $85M financing for Canadian Fiber Optics Corporation ("CFOC"), a fiber optics company based in Calgary, to support the build-out of broadband internet in rural Western Canada.
CFOC designs, builds, and operates fiber optic networks to provide high speed internet services to residential, commercial and enterprise customers in rural or remote communities. Since 2017, CFOC has built 1,000km of fiber, passing 16k+ premises with over 4k subscribers as of December 31, 2024. CFOC's current ownership group includes funds managed by Tikehau Star Infra and the Bloomer Family Office.
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