Release date: 9 August 2002
Promoter – Financial Intermediary
RETECAL, Sociedad Operadora de Telecomunicaciones de Castilla y León, S.A. (RETECAL)Location
Description
This project consists of the expansion of a broadband cable telecom network in the Castilla y León region to provide telephony, cable TV and Internet services.
Objectives
This project fits well within the Bank's mission to support regional development, competitiveness and innovation investments.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 75% of project cost.
Total cost (Approximate amount)
Approximately EUR 125 million
Environmental aspects
The electronic equipment will be housed in office-type buildings and most of the cables will be placed inside ducts. The negative effects will be the erection of a few antennas, the visual effects of cables laid along facades and temporary traffic disruptions caused by civil works. Compliance with regional, national and EU legislation will be assessed during appraisal.
Procurement
The promoter operates in a fully competitive market and is thus not bound to EU Directive 93/38/EEC (see also EC Communication 1999/C 129/C5), concerning supply contracts. Purchase of services, works and equipment should be procured following enquiries, restricted or open biddings. These procedures and its cost effectiveness will be checked during the appraisal.
Status
Signed - 2/12/2005
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).