Release date: 16 March 2015
Promoter – Financial Intermediary
ORANGELocation
Description
The project relates to the roll-out of mobile and fixed next-generation access networks, including the related investments in the backbone network and IT systems, in Spain.
Objectives
With the implementation of the project, the promoter plans to extend the coverage of its fibre-based network by 4 million households and grow its 4G network coverage throughout the country.
Sector(s)
- Telecom - Information and communication
Proposed EIB finance (Approximate amount)
EUR 400 million
Total cost (Approximate amount)
EUR 1531 million
Environmental aspects
Neither the installation of mobile nor fixed telecommunication networks fall under Annexes I and II of EU Directive 2011/92/EU, and are therefore not subject to mandatory environmental impact assessment. Mobile telecommunications systems have limited environmental effects, apart from the visual impact of base station towers and electromagnetic field (EMF) radiation. The disturbance during civil works related to the construction of fixed telecommunication systems can be mitigated by appropriate measures.
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 - 13/06/2018
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).