Release date: 23 February 2009
Promoter – Financial Intermediary
Fastweb S.p.A.
Location
Description
The project concerns investments in telecommunication infrastructure to provide high speed broadband services throughout Italy.
Objectives
The project contributes to the policy objective of furthering the “Information Society” through the competitive supply of advanced broadband services.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 350 million.
Total cost (Approximate amount)
Approximately EUR 850 million.
Environmental aspects
Investments in fixed telecommunications projects (including civil works investments for fiber roll-out and transmission systems) do not fall under Annex I or II of Directive 85/337/EEC as amended by Directives 97/11/EC and 2003/35/EC. Full environmental details will be assessed during appraisal, including the possible impacts on protected flora and fauna (Habitats 92/43/EEC and Birds 79/409/EEC).
Procurement
The promoter is a private company not operating in the Utilities sector, and is therefore not covered by the EU Directives on procurement. The procurement processes to be applied for project implementation will be assessed during appraisal.
Status
Signed - 2/09/2009
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).