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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Germany : € 150,000,000
    Telecom : € 150,000,000
    Signature date(s)
    17/07/2006 : € 150,000,000

    Summary sheet

    Release date
    2 February 2006
    Status
    Reference
    Signed | 17/07/2006
    20050473
    Project name
    Promoter - financial intermediary
    Breitband Infrastruktur Deutschland
    Hansenet Telekommunikation GmbH, Hamburg
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Approx. EUR 200 million (to be confirmed).
    Approx. EUR 500 million (to be comfirmed).
    Location
    Sector(s)
    Description
    Objectives

    Broadband telecommunications network expansion in Germany.

    Expand and develop the broadband services offer in the German market.

    Environmental aspects
    Procurement

    The project activity does not fall under the categories listed in Annexes I and II of EU Council Directive 97/11/EC, therefore, Environmental Impact Assessment is subject only to national legislation. The material part of the investments will concern new or additional electronic equipment, which is normally housed in existing office-type buildings, hence no significant environmental impact is expected. Concerning the EU Council Directive 92/43/EEC "Habitats", the promoter's network i.e. cables and ducting systems will cover mainly urban areas, therefore Natura 2000 sites are not likely to be affected.

    Telecommunications is considered a competitive market and has been excluded from the scope of the latest EU Directive concerning the utility sector (2004/17/EC). The promoter is expected to apply efficient procurement procedures, which will be verified during appraisal.

    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).

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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.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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