ALLO Communications Secures $650 Million in Sustainable Financing To Accelerate Growth With the World’s Most Energy-Efficient Broadband Platform From Calix

Calix, Inc. (NYSE: CALX) announced today that longtime customer ALLO Communications (ALLO) has secured $650 million in sustainable financing, driven in part by their investment in the Calix broadband platform—Calix Intelligent Access EDGE, Calix Cloud, and Calix Revenue EDGE. Sustainable finance is an investment that considers the environmental, social, and governance (ESG) factors of an economic activity or project. ALLO’s newly secured financing will help them further expand their green broadband network to subscribers across Nebraska, Colorado, and Arizona.

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ALLO is using the end-to-end Calix broadband platform to demonstrate environmental leadership by:

• Reducing broadband network power consumption 73 percent. By consolidating the number of systems required in their access network, ALLO is dramatically lowering power consumption, saving valuable space in data centers and offices, and reducing cooling requirements.
• Delivering a superior Wi-Fi experience using 50 percent less power. By deploying Calix GigaSpire BLAST systems on Revenue EDGE, ALLO subscribers enjoy whole-home Wi-Fi 6 and 6E coverage without the need for additional energy-consuming hardware such as mesh units or pods—cutting energy consumption in half.
• Reducing costly—and environmentally unfriendly—truck rolls 40 percent. By leveraging the power of Calix Cloud (including Calix Operations Cloud and Calix Support Cloud) to gain deep insights into network performance, ALLO customer support and operations teams can troubleshoot remotely and focus on proactive network maintenance. This means significantly fewer truck rolls to fix or replace equipment.
• Eliminating the need for fixed wireless community networks and reducing 5G footprint. Calix SmartTown (community-wide Wi-Fi) was developed when ALLO identified an opportunity to creatively close the digital divide for students and residents by leveraging the Revenue EDGE solution and portfolio of GigaSpire BLAST systems. This managed service is deployed with zero incremental capital, power consumption, or carbon footprint, thereby eliminating the need for wireless community networks and reducing the need for new 5G towers.

In May 2023, ALLO unveiled their Sustainability Financing Framework (Framework). Based on public guidelines—known as The Principles—set out by the International Capital Market Association (ICMA), ALLO’s Framework successfully demonstrated that their broadband expansion on the Calix platform would meet criteria around energy efficiency, renewable energy, and the ability to provide access to essential services to underserved customers. ALLO’s commitment to ubiquitous fiber service, supporting nonprofits, and energy efficiency helped them achieve an S2SQ Sustainability Quality Score of “very good.”