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Signature(s)

Amount
€ 40,000,000
Countries
Sector(s)
Germany : € 2,360,000
France : € 37,640,000
Telecom : € 12,000,000
Services : € 28,000,000
Signature date(s)
19/12/2018 : € 354,000
19/12/2018 : € 354,000
19/12/2018 : € 826,000
19/12/2018 : € 826,000
19/12/2018 : € 5,646,000
19/12/2018 : € 5,646,000
19/12/2018 : € 13,174,000
19/12/2018 : € 13,174,000
Link to source
Data sheet
Other links

Summary sheet

Release date
17 February 2021
Status
Reference
Signed | 19/12/2018
20170648
Project name
Promoter - financial intermediary
SIGFOX (EGFF)
SIGFOX SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 40 million
EUR 98 million
Location
Sector(s)
Description
Objectives

The project concerns the Promoter's investments in research and development (R&D), network extension and growth. The investment programme will be carried out over the period 2018-2020 in France and to a lower extent Germany and Spain.

With the implementation of the project, the Promoter plans to expand its Internet of Things (IoT) network and conduct R&D activities to further develop and commercialise its product offering.

Environmental aspects
Procurement

The installation of mobile telecommunication networks does not fall under Annexes I and II of the EU Directive 2011/92/EC, and is therefore not subject to a mandatory environmental impact assessment (EIA). Mobile telecommunications systems have limited environmental effects, apart from the visual impact of base station towers and electromagnetic fields (EMF) radiation. The research, development and innovation (RDI) activities are expected to be carried out in existing facilities that are already used for the same purposes and which are not expected to change their scope due to the project. An environmental impact assessment is therefore not needed as per EIA Directive 2011/92/EU.

The Promoter appears to be a private company not operating in the utilities sector and not having a status of a contracting entity. Should this be the case, the Promoter would not be subject to EU rules on public procurement.

Link to source
Summary sheet
Other links

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).

scoreboard - EUROPEAN GROWTH FINANCE FACILITY
Publication Date
13 Sep 2019
Document Language
English
Main Topic
lending
Document Number
122912044
Document Focus
EFSI legal requirements
Document Type
Scoreboard
Project Number
20180667
Last update
19 Aug 2020
Sector(s)
Services
Countries
Bulgaria, Kenya, Ghana, Mexico, Philippines
Publicly available
Download now
Link to source
Other links
Summary sheet
Data sheet

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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