Foresight Group has invested in Connect Fibre to help accelerate the installation of a full-fiber network across Eastern England.
The rollout is expected to enhance local infrastructure and also accelerate the development of a fast fiber network to support the United Kingdom’s digital ambitions of scaling gigabit-capable broadband to at least 85 percent of U.K. homes by the end of 2025. As of 2021, 28 percent of U.K. premises had access to full-fiber broadband.
Foresight invests across sustainable infrastructure, real assets and SME investing. Since 2019, the firm has partnered with eight businesses based in the East of England.
“We are looking forward to supporting Connect Fibre in its mission to revolutionize full-fiber broadband connectivity across the U.K.,” said Anouska Morjaria, investment manager at Foresight. “As evidenced by the pandemic, remote working and digital connectivity are essential for our modern lifestyles. Reliable, high-speed and ac