Our Impact
Alberta Fiber Networks (A-NET), Alberta, Canada
Background
The Alberta Networks Project is a build-to-own fiber-to-the-premise (FTTP) network serving the suburban Edmonton region. The Asset serves 41,200 premises across the greater metropolitan area. The Asset will serve the cities of Beaumont, Sherwood Park, Vermilion, and Hamlet of Nisku (collectively known as the “Authority”).
The cities and towns are currently underserved by their existing ISPs, which have not invested in full community wide fiber deployment. A high-speed fiber network is expected to be key to maintaining their existing economic base and future growth, and improving digital literacy, and supporting local businesses.
The Asset was developed in conjunction with the local municipalities resulting from direct negotiations as well as publicly tendered RFPs won by Meridiam and its partner, Digital Infrastructure Group (DIG), a regional fiber network developer.
Public funding support will be provided by certain cities/towns (Vermillion, Nisku, Beaumont and Sherwood Park) in exchange for a small portion of profit-sharing in their respective portions of the Asset.
Stage:
Under Construction and In Operations
ESG/SDG Key Facts
The Asset underpins Beaumont’s Innovation Park, which will be a home for businesses to develop cutting-edge innovation and technology in areas such as transportation and logistics, public safety, data, education, and health and life sciences. Confirmed plans include the development of a best-in-class commercial transportation, law enforcement, and technological innovation campus(3).
The Innovation Park will be a magnet for investment, creating jobs and driving economic growth for the community, the Edmonton Metropolitan Region, and Alberta.
Image source: istockphoto-1197753191-612×612-DATA
Source: https://www.beaumont.ab.ca/879/Beaumont-Innovation-Park