Release date: 2 October 2017
Promoter – Financial Intermediary
EWE AGLocation
Description
The project concerns the first phase of a fibre-based broadband access network in the North Western part of Germany. The network will be operated on an open access basis.
Objectives
In the first phase of the rollout, a significant amount of households is intended to obtain access to ultra-high speed broadband services (> 100 Mbps). The entire rollout programme aims at connecting one million households over a period of 10 years.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 115 million
Total cost (Approximate amount)
EUR 234 million
Environmental aspects
Investments in fixed telecommunications projects (mainly civil works for urban underground copper/fibre roll-out) do not fall under Annex I and II of Directive 2011/92/EC as amended. The related works have typically limited residual environmental effects as they are mainly carried out in urban areas alongside roads.
Procurement
Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank's services will verify details during the project's due diligence.
Status
Signed - 2/10/2017
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).