Arctaris Annual Impact Report: Stepping Up for Communities and Investors

Archive for the ‘News’ Category

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.

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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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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.

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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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Arctaris Impact Completes Opportunity Zone Investment in S&K Holdings, Inc. to Expand Access to Quality Home Healthcare

Boston, October 12, 2021 — Arctaris Impact Investors, LLC (“Arctaris”) announces an investment in S&K Holdings, Inc. (“S&K”), the owner of Family Choice Healthcare, a home healthcare company formed in 1996 that provides personal care services for the elderly and disabled with operations in Maryland, New Jersey, Pennsylvania, Virginia and Washington, DC.

Read more in the press release.