Release date: 19 September 2016
Promoter – Financial Intermediary
ENEL OPEN FIBER SPA, ENEL SPALocation
Description
The project concerns the roll-out of a passive optical fibre access network (fibre to the building/home) in 250 Italian cities.
Objectives
By 2021 the network will connect to about 9.5 m households, representing nearly 33% of all Italian households. The network should enable licensed operators to offer ultra-high speed broadband services, up to 1 Gbps through an open access business model.
Comments
n/a
Sector(s)
- Telecom - Information and communication
Proposed EIB finance (Approximate amount)
EUR 350 million
Total cost (Approximate amount)
EUR 3804 million
Environmental aspects
Investments in fixed telecommunications projects (mainly civil works for fibre roll-out) do not fall under the Environmental Impact Assessment (EIA) Directive 2011/92/EU, as amended by 2014/52/EU. The related works have limited environmental effects, apart from disturbances during civil work constructions, which can be mitigated by appropriate measures. Full environmental details, particularly considering works in partly historic city centres will be assessed during appraisal.
Procurement
The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having the status of a contracting entity, thus not being subject to EU rules on public procurement.
Status
Signed - 3/08/2018
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).