THE SMART CITY INFRASTRUCTURE FUND PROVIDES AN INVESTMENT OF UP TO $450M TO FUND SIFI NETWORKS FIBERCITY™

The Smart City Infrastructure Fund (“SCIF”) is delighted to announce that it has provided an investment of up to $450 million to fund the growth of SiFi Networks’ FiberCity™. SCIF is a global investment fund cornerstoned by APG and managed by PATRIZIA Infrastructure (formerly Whitehelm Capital). SiFI Networks is the leading North American developer of open access fibre optic networks. The investment from SCIF will enable SiFi Networks to expand its business and meet the expected exponential growth in demand for high speed connectivity across the USA.

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