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    Reference: 20190389
    Release date: 21 September 2020

    Promoter – Financial Intermediary

    MEGALIS BRETAGNE

    Location

    Description

    The project relates to the design and rollout of a publicly owned fibre broadband network in the rural and less densely populated areas in the region of Bretagne.

    Objectives

    The objective of the project is to expand the Fibre to the Home (FTTH) network to cover, during the project implementation period (2020 to 2022), a further 400 000 households, in addition to the 240 000 households already covered. The access network will be deployed in areas where private operators are not providing very high speed broadband services due to lack of commercial interest and will therefore be commercialised on an open access basis to the private retail operators.

    Sector(s)

    • Telecom - Information and communication

    Proposed EIB finance (Approximate amount)

    EUR 150 million

    Total cost (Approximate amount)

    EUR 442 million

    Environmental aspects

    Investments in fixed telecommunications projects (mainly civil works for fibre rollout) do not fall under the EIA Directive 2014/52/EU amending Directive 2011/92/EC. The related works have limited environmental effects, apart from disturbances during civil work constructions, which can be mitigated by appropriate measures. Full environmental details will be assessed during appraisal, including the possible impacts on protected flora and fauna.

    Procurement

    The Bank will require the Promoter to ensure that contracts for implementation of the project have been and will be tendered in accordance with the applicable EU procurement legislation, 2014/24/EU as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    Status

    Signed - 16/12/2020

    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

    France Telecom