Winner for North Carolina fiber project

North Carolina Department of Transportation (NCDOT) has awarded a Plenary-led consortium its latest fiber concession.

North Carolina Department of Transportation (NCDOT) has awarded a Plenary-led consortium its latest fiber concession.

Plenary has teamed up with telecoms specialist Tilson to deliver the upgrades, building on the partnership's successful winning of the Pennsylvania Turnpike Fiber concession project last week.

Under the plans, the partnership features a 25-year operation and maintenance services, alongside a commercialization service for a fiber-optic broadband network connected to some of NCDOT’s transport systems and real estate portfolio.

Both Tilson and Plenary will provide equity for the deal, with Plenary acting as lead developer.