Veröffentlichungsdatum: 20 April 2021
Projektträger – zwischengeschaltetes Finanzinstitut
TELECOM ITALIA SPA
The project concerns the construction and modernisation of several data centres located in Milan and Turin as well as one in Greece. At the same time, the national optical transmission and IP (Internet Protocol) backbone will also be modernised in order to cope with the heavily growing traffic generated by data centres as well as the fixed and mobile access networks. The project implementation is planned for the years 2020 to 2023.
Additionality and Impact
contributes to the policy objectives of Innovation and Digitalisation. It
concerns investments in backbone telecommunication infrastructure and the
modernization and construction of data centers. Investments in innovative
telecommunications infrastructure face an uncertain business model due to
significant investment costs in front of uncertain revenue flows,
which leads to delayed availability of services with significant economic
costs for the consumers. The project will accelerate the deployment of
innovative telecommunication technologies and thus generate positive network
externalities by enabling more users to benefit from improved and faster access
to information and innovative digital services. The project also generates
further externalities to other sectors of the economy by supporting innovation
and competitiveness. These benefits are not fully captured by the project
revenues. The promoter is experienced in the design and operation of
telecommunication networks and data centers. The promoter has an experienced
management team and in-depth understanding of market needs and drivers, which will support project implementation, results delivery and address
the market failures.
The EIB contribution resides in the diversification, flexibility and positive signaling effect from the financing of thematic projects.
The objective of the project is to improve the resilience and throughput of the national transport and optical core network to cope with traffic growth and new cloud services. The project also aims to deliver an innovative and secure public, private and hybrid cloud offering, while ensuring the sovereignty over the data managed in compliance with European data security regulations (e.g. General Data Protection Regulation (GDPR)).
- Telekommunikation - Information und Kommunikation
Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)
EUR 230 million
Gesamtkosten (voraussichtlicher Betrag)
EUR 468 million
Investments for the construction of data centres might fall under the Annexes of Directive 2014/52/EU amending the EIA Directive 2011/92/EU. The project represents a mixture of greenfield deployments and upgrades of existing facilities. The appropriate level of required environmental approvals will be assessed for the different cases during the project appraisal stage.
The Promoter is a public company operating in the telecom sector, which is exempted from public procurement requirements. The procedures applied will be verified in detail during the project appraisal.
Unterzeichnet - 19/05/2021
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).