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    Signature(s)

    Amount
    € 40,000,000
    Countries
    Sector(s)
    Germany : € 2,360,000
    France : € 37,640,000
    Telecom : € 12,000,000
    Services : € 28,000,000
    Signature date(s)
    19/12/2018 : € 354,000
    19/12/2018 : € 354,000
    19/12/2018 : € 826,000
    19/12/2018 : € 826,000
    19/12/2018 : € 5,646,000
    19/12/2018 : € 5,646,000
    19/12/2018 : € 13,174,000
    19/12/2018 : € 13,174,000
    Other links

    Summary sheet

    Release date
    17 February 2021
    Status
    Reference
    Signed | 19/12/2018
    20170648
    Project name
    Promoter - financial intermediary
    SIGFOX (EGFF)
    SIGFOX SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 40 million
    EUR 98 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the Promoter's investments in research and development (R&D), network extension and growth. The investment programme will be carried out over the period 2018-2020 in France and to a lower extent Germany and Spain.

    With the implementation of the project, the Promoter plans to expand its Internet of Things (IoT) network and conduct R&D activities to further develop and commercialise its product offering.

    Environmental aspects
    Procurement

    The installation of mobile telecommunication networks does not fall under Annexes I and II of the EU Directive 2011/92/EC, and is therefore not subject to a mandatory environmental impact assessment (EIA). Mobile telecommunications systems have limited environmental effects, apart from the visual impact of base station towers and electromagnetic fields (EMF) radiation. The research, development and innovation (RDI) activities are expected to be carried out in existing facilities that are already used for the same purposes and which are not expected to change their scope due to the project. An environmental impact assessment is therefore not needed as per EIA Directive 2011/92/EU.

    The Promoter appears to be a private company not operating in the utilities sector and not having a status of a contracting entity. Should this be the case, the Promoter would not be subject to EU rules on public procurement.

    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).

    scoreboard - EUROPEAN GROWTH FINANCE FACILITY
    Publication Date
    13 Sep 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    122912044
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20180667
    Last update
    19 Aug 2020
    Sector(s)
    Services
    Countries
    Bulgaria, Kenya, Ghana, Mexico, Philippines
    Publicly available
    Download now
    Link to source
    Other links
    Summary sheet
    Data sheet

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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