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Charlotte telecom company lands $420M in funding to expand fiber network

Summary by The Business Journals
Ubiquity, a Charlotte-based telecommunications company, landed $420 million in financing to help fuel the expansion of its fiber connectivity across four markets: Texas, California, Arizona and Nebraska. The financing milestone includes the closing of a $275 million green construction credit facility spearheaded by Goldman Sachs. It also includes an expanded $145 million green revolving credit facility.

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The Business JournalsThe Business Journals

Charlotte telecom company lands $420M in funding to expand fiber network

Ubiquity, a Charlotte-based telecommunications company, landed $420 million in financing to help fuel the expansion of its fiber connectivity across four markets: Texas, California, Arizona and Nebraska. The financing milestone includes the closing of a $275 million green construction credit facility spearheaded by Goldman Sachs. It also includes an expanded $145 million green revolving credit facility.

·United States
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The Business Journals broke the news in United States on Thursday, December 19, 2024.
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