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.
Archive for the ‘News’ Category
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.
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.
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.
Arctaris Launches Southwestern Pennsylvania Opportunity Zone Program; Completes First Regional Investment; Hires Pittsburgh Local Lee Kimball
Boston, September 9, 2021— Arctaris Impact Investors, LLC (“Arctaris”) along with the Richard King Mellon Foundation (“the Foundation”) announce the launch of the Arctaris Southwestern Pennsylvania Opportunity Zone Program and first investment in the region.