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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Estonia : € 12,000,000
    Finland : € 138,000,000
    Telecom : € 150,000,000
    Signature date(s)
    6/10/2015 : € 12,000,000
    6/10/2015 : € 138,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    18 May 2015
    Status
    Reference
    Signed | 06/10/2015
    20120042
    Project name
    Promoter - financial intermediary
    ELISA 4G
    ELISA OYJ
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 150 million
    EUR 306 million
    Location
    Sector(s)
    Description
    Objectives

    The project entails large scale roll-out of the promoter’s 4th generation (4G) LTE mobile networks in Finland and Estonia as well as expansion of the 3rd generation (3G) HSPA networks to cover the remaining most rural areas of the countries. The project also includes the promoter’s investments to strengthen the backhaul and transmission networks to cope with the increasing data traffic, as well as investments into IT systems to improve overall quality of service.

    Improve quality and availability of mobile services both in urban and rural areas, positively contributing to the promoter's competitiveness and improving access to consumers.

    Environmental aspects
    Procurement

    The installation of mobile telecommunication networks do not fall under Annexes I and II of the EU Directive 2011/92/EC, and are therefore not subject to mandatory Environmental Impact Assessment. Such mobile telecommunication networks have limited residual environmental effects, apart from the visual impact of base station towers and the Electro Magnetic Field (EMF) radiation. Generally the impacts can be mitigated by appropriate construction and operation measures. Potential health risks from EMF radiation are still being studied at an international level, but in 2011 the WHO/International Agency for Research on Cancer (IARC) has classified such radiations as possibly carcinogenic to humans (Group 2B). There is no particular negative residual environmental impact expected.

    Nevertheless full environmental details including the CO2 footprint (if needed) and the possible impacts on protected flora and fauna (Habitats 92/43/EEC and Birds 79/409/EEC Directives) will be assessed during the appraisal.

    The promoter is a private company not operating in the utilities sector and not having a status of a contracting authority. Thus, it is not covered by the EU directives on procurement.

    Link to source
    Summary sheet

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - ELISA 4G
    Publication Date
    3 Sep 2015
    Document language
    Main Topic
    Lending
    Document Number
    61127551
    Document Focus
    Environmental Information
    Project Number
    20120042
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - ELISA 4G
    Publication Date
    31 Jan 2018
    Document language
    Main Topic
    Lending
    Document Number
    79461253
    Document Focus
    Environmental Information
    Project Number
    20120042
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
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