GoFibre
HCOB is supporting the expansion of the fibre optic network for broadband provider GoFibre in Scotland. The financing will be used to implement two ‘Project Gigabit’ contracts aimed at rolling out broadband infrastructure in rural areas of Scotland.
Together, we drive digital infrastructure growth
Edinburgh-based broadband provider GoFibre was awarded the biggest Scottish ‘Project Gigabit’ contract to date, worth £105m and will deliver full fibre connectivity to over 130,000 additional premises across southern and northeastern.
Access to fiber optic broadband in Scotland
Project Details
HCOB acted as lead arranger for the financing of GoFibre’s fibre optic network expansion in Scotland. The financing volume amounts to £125 million and is being provided together with the Scottish National Investment Bank (SNIB). HCOB’s is contributing £80mn, while SNIB is providing £45mn.
Keyfacts
| Volume | £125 million, together with a consortium partner |
| Type | Financing |
| Object | Digital Infrastructure / Fibre |
| Role | Lead Arranger |
We are excited to be playing a crucial role in bringing the very best full fibre broadband connectivity to rural areas in Scotland.
Neil Conaghan, CEO of GoFibre
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