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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    France : € 200,000,000
    Telecom : € 200,000,000
    Signature date(s)
    27/11/2020 : € 200,000,000
    Link to source

    Summary sheet

    Release date
    13 January 2021
    Status
    Reference
    Signed | 27/11/2020
    20190183
    Project name
    Promoter - financial intermediary
    EUTELSAT ADVANCED BROADBAND SATELLITE
    EUTELSAT SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    EUR 459 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the design, purchase and launch of currently the technologically most powerful European satellite for high speed broadband services, also including the ground segment components. The different data services, which will reach up to 200 Mbps, will target residential and business customers in Europe, in northern Africa and the Middle East region. The start of the commercial service is planned for 2022.

    The proposed investments will enable high capacity fixed broadband services in remote areas that today have poor coverage and weak terrestrial infrastructure. Due to the advanced features of the satellite, at the same time, connectivity for aircraft, mobile operators and governments can also be provided. Furthermore, this infrastructure will provide connectivity during emergency situations in case of failure or absence of terrestrial networks during natural disasters.

    Environmental aspects
    Procurement

    In general, the satellite industry is not directly covered by Annexes I or II of the EU Directive 2014/52/EU amending the EIA Directive 2011/92/EU. The purchased broadband satellite will be manufactured by an established supplier in existing facilities. Nevertheless, the environmental details will be assessed during the appraisal.

    The Promoter is a private company operating in the space sector, which is exempted from public procurement requirements.

    Link to source

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - EUTELSAT ADVANCED BROADBAND SATELLITE
    Publication Date
    19 Jan 2021
    Document language
    Main Topic
    Lending
    Document Number
    132386830
    Document Focus
    Environmental Information
    Project Number
    20190183
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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