Green Giraffe was mandated by L2Fiber Rotterdam to raise equity for their open access optical fiber network in Rotterdam. In July 2018 Highland entered into an exclusive agreement to invest in L2Fiber Rotterdam. The company plans to bring optical fiber access to all 295,000 homes in Rotterdam over the next 5 years.
L2Fiber Rotterdam is the only optical fiber network of its size in Europe to be developed exclusively by private investors. The network will be open to all service providers to provide reliable internet at speeds of up to 1 Gbps, high-quality television and telephony to the inhabitants of Rotterdam.
The network will use GPON technology, allowing a single fiber line to deliver connectivity to multiple users. This access method will not only reduce network complexity and maintenance requirements, but also save on energy consumption and upgrade costs.
“Green Giraffe has shown to be a trustworthy partner for L2Fiber Rotterdam: they provided access towards a wide range of investors and we found an investor which was the perfect fit and able to finance our optical fiber network project based on a solid structural setup and tailor-made financial model.”
Oscar Kuiper, Co-Founder, L2Fiber