Background

The Alberta Networks Project is a build to own fiber to the premise (“FTTP”) network serving the suburban Edmonton region. The Project serves 41,200 premises across the greater metropolitan area. The Project 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 maintain their existing economic base and future growth, also through improving digital literacy and supporting local businesses.
The Project 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 Project.

Stage:

Under Construction and In Operation

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.
The Innovation Park will be a magnet for investment, creating jobs and driving economic growth for the community, the Edmonton Metropolitan Region, and Alberta.
The Innovation Park will be a magnet for investment, creating jobs and driving economic growth for the community, the Edmonton Metropolitan Region, and Alberta.
A-Net will be key in the development of Beaumont Innovation Park.

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