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    Reference: 20160531
    Release date: 19 September 2016

    Promoter – Financial Intermediary

    ENEL OPEN FIBER SPA, ENEL SPA

    Location

    Description

    The project concerns the roll-out of a passive optical fibre access network (fibre to the building/home) in 250 Italian cities.

    Objectives

    By 2021 the network will connect to about 9.5 m households, representing nearly 33% of all Italian households. The network should enable licensed operators to offer ultra-high speed broadband services, up to 1 Gbps through an open access business model.

    Comments

    n/a

    Sector(s)

    • Telecom - Information and communication

    Proposed EIB finance (Approximate amount)

    EUR 350 million

    Total cost (Approximate amount)

    EUR 3804 million

    Environmental aspects

    Investments in fixed telecommunications projects (mainly civil works for fibre roll-out) do not fall under the Environmental Impact Assessment (EIA) Directive 2011/92/EU, as amended by 2014/52/EU. The related works have limited environmental effects, apart from disturbances during civil work constructions, which can be mitigated by appropriate measures. Full environmental details, particularly considering works in partly historic city centres will be assessed during appraisal.

    Procurement

    The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having the status of a contracting entity, thus not being subject to EU rules on public procurement.

    Status

    Signed - 3/08/2018

    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).

    Related tags

    Italy Telecom