The Caisse de dépôt et placement du Québec is participating in a deal that will contribute an additional US$100 million to a U.S.-based fibre optics firm.

The investment will be used to refinance Big Fiber’s existing debt, provide new capital and facilitate the necessary headroom for major network expansions already underway, according to a press release.

“Big Fiber is well positioned to meet the growing connectivity needs of enterprises and data centers seeking new, high quality infrastructure options,” said Jérôme Marquis, managing director and head of private credit at the Caisse, in the release. “Its resilient business model, underpinned by long-term contracts and strong structural demand, positions the company well........

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