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UTOPIA Fiber Announces Completion of $52.5 Million Funding Round

By   /  February 23, 2021  /  No Comments

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MURRAY, Utah–()–UIA (Utah Infrastructure Agency) has just completed its latest round of funding that will infuse the UTOPIA/UIA network with $52.5 million for the expansion of its network. Utah Infrastructure Agency (UIA) is a sister agency to UTOPIA Fiber. Although legally separate entities, UTOPIA and UIA functionally operate as one integrated system and both are marketed as UTOPIA Fiber. This is the third round of financing UIA has secured recently, attracting $113 million in the last 14 months.

UIA secured the latest round of funding in partnership with Lewis Young Robertson & Burningham, Inc. (Financial Advisor), KeyBanc Capital Markets, Inc. (Senior Managing Underwriter), and Gilmore & Bell (Bond and…

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