corporate_banner_en

EIB supports Reggefiber roll-out in 50 Dutch municipalities

Projects
Regions
European Union
Enlargement countries
European Free Trade Association
Mediterranean Neighbourhood
FEMIP Overview
Maximizing synergies
Financing & advisory services
Loans
Private equity
Advisory services
FEMIP Support Package
Procurement for TA operations
How to apply
Trust Fund
Technical advisory
Private equity
Organisation and staff
FEMIP Internship Programme
FEMIP Secondment Programme
FAQ - FEMIP
EU Eastern Neighbours
Projects
Cooperation with other institutions and organisations
Financing facilities
Trust fund
Examples of EPTATF Operations
Institutional framework
Applying for loans
Organisation and staff
Central Asia
Institutional framework
Cooperation with other institutions and organisations
Financing facilities
Technical assistance and grants
Applying for loans
Organisation and staff
Sub-Saharan Africa, Caribbean and Pacific
Funding and Financial Instruments
Applying for loans
Cooperation with partners
Investment Facility
Other initiatives
Activities
Asia and Latin America
Priorities
SMEs
Innovative options
Loans
Microfinance
EU partners for SMEs & mid-caps
Non-EU partners for SMEs & mid-caps
RDI support
Equity investment
Regional development
Climate Action
Carbon finance
Activities
Financial instruments and advice
Climate Mainstreaming
Urban & natural environment
Innovation
Skills and Jobs
Trans-European Networks
Transport
Energy
Project Cycle
Applying for a loan
Appraisal
Procurement
Monitoring
Projects to be Financed
Explanatory notes
Breakdown by region
European Union
EFTA countries
Enlargement Countries
Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin & Central America
Breakdown by sector
Projects Financed
Breakdown by region
European Union
EFTA countries
Enlargement Countries
Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin America
Breakdown by sector
Multi-criteria list
Operations Evaluation
Organisation and Programme
Programme
Methodology
Criteria
Rating scale
Process
Reports
Operations
Overview
Publications and reports
Cooperation and Coordination
ECG
European Financial Institutions
European Commission
Contacts

EIB supports Reggefiber roll-out in 50 Dutch municipalities

  • Available in: de en fr nl
  •  Release date: 25 October 2012
  •  Reference: 2012-148-EN

The European Investment Bank has agreed to provide EUR 125m to Reggefiber for expansion of the company’s optical fibre network to an additional 50 municipalities across the Netherlands. Six commercial banks provide an additional EUR 125m, leading to a total facility size of EUR 250m. The loan from Europe’s long-term lending institution will be used to construct a dedicated ultra-high-speed Fiber to the Home (“FttH”) network, with possible up and download speeds of up to 1Gb/s, open for access by all operators.

“The European Investment Bank is pleased to support Reggefiber’s engagement to increase coverage of ultra-high speed broadband Internet access across the Netherlands and their contribution to the Digital Agenda for Europe. This new facility, together with the previous EIB facility for Reggefiber, enables more than a million households to  have access to the fibre optic network and benefit from Internet speeds of up to 1Gb/s and multi-room interactive HDTV.” said Pim van Ballekom, European Investment Bank Vice President for the Netherlands.

”Reggefiber highly appreciates the contribution of EIB in this 10-year project finance facility.” said Jan van Rooijen, Reggefiber Financial Director. “Reggefiber currently builds FttH to more than 300,000 homes per year and the involvement of the European Investment Bank in close cooperation with ABN AMRO, BNP Paribas, Deutsche Bank, ING, Rabobank and RBS enhances the scale of our activities”, he added.

Neelie Kroes Vice President of the European Commission, Commissioner for the Digital Agenda stated: "Investments from the European Investment Bank play a vital role in helping Europe become a more connected, competitive continent. Fibre broadband can transform the digital life of a business or school or family. It is great to see Reggefiber offering another 500,000 Dutch families these opportunities. My hope is to support more projects like this using the proposed Connecting Europe Facility."

Reggefiber is one of the first companies in Europe to manage a large scale roll-out of FttH networks. This project will increase broadband Internet speeds and coverage in the Netherlands and the roll-out to these specific 50 municipalities is expected to be completed by 2015. Reggefiber’s open network model allows end-customers to sign up for broadband services through different providers.

In 2010 the European Investment Bank provided EUR 142.5m for the initial roll out of Reggefiber services to 33 Dutch municipalities as part of a total facility of EUR 285m.

Enabling investment in ultra-fast internet access to foster growth based on digital innovation is a top priority for the European Investment Bank. Investment in superfast internet infrastructure is recognised as being able to stimulate economic development and unlock productivity. In 2011, the EIB invested some EUR 4 billion in this field within the European Union.




 Print
 Pdf
Copyright © European Investment Bank 2013
The European Investment Bank is not responsible for the content of external internet sites.

http://www.eib.org/projects/press/2012/2012-148-eib-supports-reggefiber-roll-out-in-50-dutch-municipalities.htm