Arctaris Annual Impact Report: Leveraging Public-Private Partnerships to Amplify Impact

Archive for the ‘News Article’ Category

Governor Mills Applauds Public-Private Partnership to Bring Fiber Broadband to Five Maine Communities

BOSTON, MA, February 3, 2022 — Arctaris Impact Investors, LLC (“Arctaris”) announces plans to build
new fiber broadband networks in economically distressed areas, including Opportunity Zones, throughout
Maine. The network will span across South Portland, Belfast, Millinocket, East Millinocket, and Medway
and will pass approximately 12,000 residential and business premises, providing these underserved urban,
suburban, and rural communities with access to affordable, inclusive, and high-speed broadband.

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FAME Approves Additional Saddleback Financing

August, ME, January 26, 2022 – At its monthly meeting on January 20, 2022, the board of directors of the Finance Authority of Maine (FAME) approved additional financing to Arctaris Impact Investors, LLC (Arctaris), the owner/operator of the Saddleback Ski Resort in Rangeley.

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Saddleback Mountain Partners with Arctaris and Nexamp on 31-Acre Solar Project

Boston, MA, December 7, 2021 – Saddleback Mountain Ski Resort (“Saddleback”), owned by Arctaris Impact Investors, LLC (“Arctaris”), has engaged with Nexamp for the construction of a new 31-acre community solar farm on its property that will generate 7.36 MW of clean energy. The solar project will offset more than 14 million pounds of carbon annually while reducing Saddleback’s energy costs and adding new operational revenue through a long-term lease agreement.

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