Arctaris Releases Annual Impact Report, Achieving Record Growth

BOSTON--(BUSINESS WIRE)--Arctaris Impact Investors, LLC (“Arctaris”), the largest impact-focused Opportunity Zone fund manager nationally1, released its 2021 Arctaris Impact Report: Resilience, Recovery, Revitalization. Arctaris made nine new investments and supported existing portfolio companies to weather the COVID-19 storm, expanding economic, social, and environmental impact in underserved communities. The impact report showcases Arctaris Impact’s commitment to creating and retaining living-wage jobs, racial equity, expanding access to critical products and services such as affordable broadband internet, healthy food, and housing, promoting diversity and inclusion, and advancing renewable energy projects and businesses. Click here for more

Arctaris Announces Bank of America as Investor in New $25M Regional Opportunity Zone Program Focused on Diversity, Equity, Inclusion, and Community Revitalization

BOSTON--(BUSINESS WIRE)--Arctaris Impact Investors, LLC (“Arctaris”) is pleased to announce a recent investment from Bank of America (“BofA”) into the Arctaris Opportunity Zone Fund 2022. The investment will help spur a new Arctaris place-based investment program focused on the greater Hartford area with emphasis on diversity, equity, inclusion, and community revitalization. Click here to learn more

Governor Mills Applauds Public-Private Partnership to Bring Fiber Broadband to Five Maine Communities

BOSTON, MA, February 3, 2022 — Arctaris Impact Investors, LLC (“Arctaris”) announces plans to buildnew fiber broadband networks in economically distressed areas, including Opportunity Zones, throughoutMaine. The network will span across South Portland, Belfast, Millinocket, East Millinocket, and Medwayand will pass approximately 12,000 residential and business premises, providing these underserved urban,suburban, and rural communities with access to affordable, inclusive, and high-speed broadband. Click here to learn more

Arctaris Broadband Press Release

Arctaris to Construct Broadband Fiber Network in 5 Underserved Maine Communities; Key Program of Broader National Digital Impact Platform Click here to learn more

GWI, Arctaris Impact and FAME Partner to Build Fiber Broadband Networks in 5 Maine Opportunity Zone Communities

Biddeford, ME, January 31, 2022 - Biddeford, Maine- Great Works Internet Partners (“GWI”), Arctaris Impact Investors, LLC (“Arctaris”), and the Finance Authority of Maine (“FAME”) announced plans today to build new fiber broadband networks for five communities in Maine, including South Portland, Millinocket, East Millinocket, Medway and Belfast. The projects are made possible through a partnership with FAME, which is providing a loan and commercial guarantee support to the project. Click here to learn more.

FAME Approves Additional Saddleback Financing

August, ME, January 26, 2022 - At its monthly meeting on January 20, 2022, the board of directors of the Finance Authority of Maine (FAME) approved additional financing to Arctaris Impact Investors, LLC (Arctaris), the owner/operator of the Saddleback Ski Resort in Rangeley. Click here to read more.

Arctaris 2021 Year in Review

Watch the Arctaris 2021 Year in Review YouTube video that highlights our firm’s major successes and achievements from this year. Click here to view the video.

Arctaris Recognized by Finance Authority of Maine award

Arctaris Impact Investors and Saddleback Maine Ski Area are honored to be awarded the Finance Authority of Maine “At Work for Maine” award. The award recognizes individuals and organizations who have distinguished themselves through their commitment to advancing Maine’s economy and quality higher education. Click here to view the video.