LEXINGTON, Kentucky, September 21, 2015 – The lieutenant governor of Kentucky, a bevy of state officials and their private sector counterparts here celebrated the finalization of the deal to build a $324 million broadband infrastructure project.

The project, KentuckyWired, is a public-private partnership (also dubbed a PPP) of the state and of the Australian financier Macquarie Capital. It is a 3,400-mile open access “middle mile” network that will span all 120 counties in the Commonwealth of Kentucky…