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    Reference: 20170010
    Release date: 2 October 2017

    Promoter – Financial Intermediary

    EWE AG

    Location

    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 data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Germany Telecom