- The Smart City Infrastructure Fund has partnered with the developer SiFi Networks America Ltd (“SiFi”) to privately fund a program of over $500m in the deployment of Smart-City ready digital infrastructure across mid-sized cities in the Unites States of America
- $75 million engaged to date in the city of Fullerton, California, allowing the roll-out of the largest privately funded open access fiber network in North America.
- The fiber optic network (“FON”) will be a high quality underground installation via micro-trenching, with maximum reliability and designed to be scalable and to support Smart City / IoT (1 Gigabit symmetrical capacity but up to 10 Gigabit potential). The FON will pass c. 55k homes and 5k businesses and has a construction period of c. 2.5 years.
- The FON will allow Internet Service Providers (“ISPs”) to deliver retail services (internet, TV and voice) to residents and businesses throughout an entire city without demographic segmentation. The network will be open to multiple ISPs on an open access basis, unlocking significant benefits to end-users and reducing the need for further connectivity investments within the city area.
- The roll-out of FiberCityTM in Fullerton will not only provide a significant upgrade to internet speeds and accommodate a growing demand for data from next generation devices in households and businesses, but it will also facilitate the proliferation of new Smart City solutions in key urban services, such as traffic control, street lighting and emergency services. Additionally, the fiber network will provide a platform for the future expansion of 5G mobile and IoT networks into the area.
- As the fiber optic network is currently under construction, Fullerton FiberCity will strive to structure operations in a manner to stabilize energy consumption and GHG emissions when the network build is complete, and begin to reduce shortly thereafter through equipment and vehicle choices with green energy sources. While it is anticipated that energy consumption will increase as the network expands, with actual consumption of 142MWh in 2020 rising to 325MWh in 2021 and targeting 1050 MWh when construction is complete, ongoing Operations will focus on implementing action that will begin to reduce this consumption level as early as 2025.
- GHG Scope 1 emissions were 17.884 tCO2 and Scope 2 were 22.992 tCO2 for 2020. In alignment with the energy consumption curve, due to the network being under construction, we expect 2021 to rise, but target under 35 tCO2 Scope 1 emissions and 70 tCO2 Scope 2. When the network is fully built, we target GHG emissions to stabilize at approximately 50 tCO2 Scope 1 and 350 Scope 2. Due to efficiencies implemented over the course of construction and through leveraging opportunities for green energy sourcing, we anticipate we will begin to realize GHG emissions reduction beginning in 2025.
Fullerton Fibercity 2021 Sustainability Policy
Fullerton Fibercity ESG Goals 2022
Fullerton Fibercity Risk Policy 2021
Investment size :
US$ 75 million
Project Link :