Fermaca Networks finds critical sponsor for first phase of Mexican fiber optic route
(UI) – Fermaca Networks has made arrangements with affiliates of funds managed by Arroyo Investors ("Arroyo") to act as main financial sponsor in the development of the first Fermaca Networks fiber optic route.
Fermaca Networks is a subsidiary of Fermaca Dreams Holding Company and is part of a Digital Infrastructure platform that develops and invests in dark fiber optic projects, connectivity and highly efficient data centers. It is currently building a neutral long-range fiber optic network in Mexico.
The Phase 1 route will run fully underground, parallel to existing natural gas systems in some sections, and will follow highway routes in others, aiming at optimizing asset security and performance.
Arroyo will provide financial resources that complement and strengthen the initial capital base and support the financial viability of the project and its development plans. The first stage is aimed at being put into operation during the last quarter of 2025.
Related News
From Archive
- OSHA cites Florida contractors for trench safety violations at sewer and excavation sites
- Cadiz to reuse steel from terminated Keystone XL pipeline for California groundwater project
- Lynchburg, Va., breaks ground on largest-ever Blackwater CSO tunnel project
- Biden-Harris administration invests $849 million in aging water infrastructure, drought resilience
- The EPA announces $6.2 billion in funding for Iowa and Kansas water infrastructure
Comments