September 03, 2015
Torys acted as counsel to KentuckyWired Operations Co (Macquarie Capital/Ledcor/First Solutions) as the successful proponent for the US$391 million Next Generation Kentucky Information Highway PPP project to design, build, finance, operate and maintain a new fiber optic backbone system across the Commonwealth of Kentucky.
|Procurement Model:||DBFOM - Design Build Finance Operate Maintain|
|Client Name:||KentuckyWired Operations Co. (Macquarie Capital/Ledcor/First Solutions)|
|Client Role:||Private Partner|
|Project Value:||$391,000,000 USD|
The project will create a statewide middle-mile fiber optic network consisting of over 3,209 miles (5,164 km) of fiber optic cable with multiple redundant loops traversing all 120 Kentucky counties, initially connecting 1,098 government and public facilities, that will also allow for private sector access.
On September 3, 2015, KentuckyWired Operations Company—a consortium led by Macquarie and including Ledcor and First Solutions—reached financial close with the Commonwealth of Kentucky on the statewide project. The total project is projected to cost approximately US$391 million.
Torys represented KentuckyWired Operations Company with a team that included Tara Mackay, Scott Kraag, Josh Van Deurzen, Frazer House and Min Kim.