Red Deer County Council Meeting Agenda 2026-06-16
EQUS Provides Capital and Services for Rural Broadband Utility
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Description
EQUS REA Ltd. has made a $2 million working capital investment in Rural Connect Ltd. and provides ongoing management and back-office professional services to the organization under contract. EQUS is a founding municipal shareholder supporting Rural Connect's startup and growth.
Contract Details
Contract Amount
$2,000,000 (working capital investment)
Vendor
EQUS REA LTD
Agency
Red Deer County, Canada
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 16, 2026
Contract Term
Initial operations; ongoing as needed
Renewal Info
Professional services contract subject to Board approval; resourcing to be extended as needed for start-up and operational phases.
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