BOSTON–(BUSINESS WIRE)–Arctaris Impact Investors, LLC (“Arctaris”) is pleased to announce a recent investment from Bank of America (“BofA”) into the Arctaris Opportunity Zone Fund 2022. The investment will help spur a new Arctaris place-based investment program focused on the greater Hartford area with emphasis on diversity, equity, inclusion, and community revitalization.
Archive for the ‘News’ 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.
Arctaris Broadband Press Release
Arctaris to Construct Broadband Fiber Network in 5 Underserved Maine Communities; Key Program of Broader National Digital Impact Platform
GWI, Arctaris Impact and FAME Partner to Build Fiber Broadband Networks in 5 Maine Opportunity Zone Communities
Biddeford, ME, January 31, 2022 – Biddeford, Maine- Great Works Internet Partners (“GWI”), Arctaris Impact Investors, LLC (“Arctaris”), and the Finance Authority of Maine (“FAME”) announced plans today to build new fiber broadband networks for five communities in Maine, including South Portland, Millinocket, East Millinocket, Medway and Belfast. The projects are made possible through a partnership with FAME, which is providing a loan and commercial guarantee support to the project.
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.
Arctaris 2021 Year in Review
Watch the Arctaris 2021 Year in Review YouTube video that highlights our firm’s major successes and achievements from this year.
Arctaris Recognized by Finance Authority of Maine award
Arctaris Impact Investors and Saddleback Maine Ski Area are honored to be awarded the Finance Authority of Maine “At Work for Maine” award. The award recognizes individuals and organizations who have distinguished themselves through their commitment to advancing Maine’s economy and quality higher education.
Arctaris Impact Invests in 13-Acre Opportunity Zone Development in Washington, D.C., Alongside Asland Capital Partners and Goldman Sachs
Boston, MA, December 8, 2021 – Arctaris Impact Investors, LLC (“Arctaris”) is pleased to announce its recent Opportunity Zone investment in a $600 million multi-phased development project spanning the Ward 7 and 8 neighborhoods of Washington, D.C. The project is expected to attract additional capital to the region for inclusive development.