Green Loans for Fiber

Ubiquity, which builds and operates open-access networks, recently obtained a green loan to help finance fiber network construction. It’s an interesting concept that other providers might want to consider. Green loans (and bonds) are a special form of funding that is aimed at financing environmentally friendly projects. Ubiquity was able to justify that building a fiber network is ‘green’ under the principles created by the Loan Market Association (LMA) and under Generate Capital’s Green Financing Framework. It seems like the primary benefit of a green loan for a fiber network is the ability to tout the social responsibility of the provider building and operating the network. Ubiquity can advertise in its markets that the network was funded by a lender that certified the project as green. That seems like something that would play well with the public.