Intrepid Fiber Networks (Intrepid), a fiber-to-the-premises supplier in america backed by Brookfield, has secured USD 290 million in debt financing, with Societe Generale performing because the Structuring and Coordinating Advisor. This funding will speed up Intrepid’s inaugural deployments in Colorado and Minnesota, aiming to cowl over 250,000 premises, the corporate mentioned in a latest assertion.
Additionally Learn: Intrepid Fiber Expands Open Entry Community in Littleton, Colorado
Strategic Market Deployments
“Securing this new credit score facility accelerates our progress throughout all the construct plan. Now we have already achieved large success setting up our networks and onboarding subscribers by our companions,” Intrepid mentioned.
“This thrilling step ahead reinforces our dedication to delivering future-proof fiber networks that present symmetrical gigabit speeds to fulfill our finish customers’ broadband wants whereas offering clients with extra choices in selecting their most well-liked Web Service Supplier,” Intrepid added.
Additionally Learn: Intrepid Fiber Networks Expands into Bloomington, Minnesota
Intrepid Growth Plans
Based in 2021, Intrepid Fiber Networks is constructing open-access fiber optic networks to ship fiber infrastructure to communities all through america and meet future broadband calls for. The corporate anticipates continued progress in its introduced markets and is evaluating new market deployments to carry an open-access community to premises throughout the nation.
