Release date: 23 July 2009
Promoter – Financial Intermediary
IliadLocation
Description
The project concerns investment in telecommunications infrastructure in France to provide high speed broadband services.
Objectives
The project will assist in providing state of the art high speed broadband services. The promoter is taking advantage of the open access provisions established by the European regulatory framework, with the long term strategy of converting service based entry into facility based entry.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million.
Total cost (Approximate amount)
Approximately EUR 800 million.
Environmental aspects
Investments in fixed telecommunications projects (including civil works investments for fibre 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/EC and Birds 79/409/EC).
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 - 25/08/2010
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).