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Signature(s)

Amount
€ 176,723,860.93
Countries
Sector(s)
Poland : € 176,723,860.93
Telecom : € 176,723,860.93
Signature date(s)
27/12/2022 : € 176,723,860.93

Summary sheet

Release date
19 July 2022
Status
Reference
Signed | 27/12/2022
20220084
Project name
Promoter - financial intermediary
FIBER OPTIC NETWORK ROLL OUT POLAND (FONROP)
SPECIAL PURPOSE ENTITY(IES)/FUND
Location
Sector(s)
Description
Objectives

The project relates to the deployment of a new FTTH (fibre-to-the-home) access network in areas of Poland where very high capacity networks are not available, which will pass 2.1 million households and business premises. The new network will be operated on a wholesale basis selling services with equal terms and conditions to all retail operators.

The project is fully in line with the "EU Digital Compass 2030," stating that by 2030 all EU households should have Gigabit connectivity. Therefore, the project is eligible under article 309 point (a) projects for developing less developed regions, for eligible parts, and point (c), Common Interest. Regarding the Bank's Public Policy Goals, the project contributes to Research Innovation and Digital-Rollout of ultra-high speed broadband networks and economic and social cohesion for eligible parts.

Environmental aspects
Procurement

Investments in fixed telecommunications projects do not fall under Annex I or II of the EIA Directive 2014/52/EU amending the Directive 2011/92/EU. Fixed telecommunications systems have limited environmental effects, apart from disturbances during civil work constructions, which will be mitigated by appropriate measures. Moreover, the Promoter is planning to re-use as much as possible existing infrastructure to minimise the need for civil works. Full environmental details will be assessed during appraisal.

The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions. However, if at the project appraisal, the EIB were to conclude that the Promoter is subject to EU public procurement legislation, then the Bank would duly inform the Commission Services and would require the Promoter to apply those rules.

Comments

It envisaged that EIB will provide a loan of up to PLN 825 million.

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) - FIBER OPTIC NETWORK ROLL OUT POLAND (FONROP)
Publication Date
28 Sep 2022
Document language
Main Topic
Lending
Document Number
157465730
Document Focus
Environmental Information
Project Number
20220084
Sector(s)
Regions
Countries
Publicly available
Download now

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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.
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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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