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    Reference: 20170581
    Release date: 6 October 2017

    Promoter – Financial Intermediary

    CELLNEX TELECOM SA

    Location

    Description

    The project relates to the construction of new telecom towers and rooftop sites to host mobile broadband base stations in Spain and Italy, as well as investments to increase the capacity of existing infrastructures to accommodate additional base stations and new operators. In addition, the project includes the deployment of fibre optics and microwave radio links to connect the base stations to the core networks of the promoter's customer operators, and the roll out of new Distributed Antenna System (DAS) nodes to improve indoor coverage and increase capacity of the customer operators' networks in urban areas.

    Objectives

    Infrastructures deployed as a result of the project will be crucial to expand the coverage and capacity of the mobile broadband networks in Spain and Italy, by enabling the roll-out of new base stations in rural areas and the densification of the existing networks in urban areas especially in hot spots, with a view on preparing for the launch of 5G networks in the future.

    Sector(s)

    • Telecom - Information and communication

    Proposed EIB finance (Approximate amount)

    EUR 100 million

    Total cost (Approximate amount)

    EUR 201 million

    Environmental aspects

    The installation of mobile telecommunication networks do not fall under Annexes I and II of the Directive 2014/52/EU amending the EIA Directive 2011/92/EU, and are therefore not subject to mandatory environmental impact assessment (EIA). There is no particular negative residual environmental impact expected.

    Procurement

    The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions.

    Status

    Signed - 5/12/2017

    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

    Spain Italy Telecom