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        SES ASTRA HIGH CAPACITY SATELLITES

        Signature(s)

        Amount
        € 200,000,000
        Countries
        Sector(s)
        Luxembourg : € 200,000,000
        Telecom : € 200,000,000
        Signature date(s)
        21/04/2009 : € 200,000,000

        Summary sheet

        Release date
        23 September 2008
        Status
        Reference
        Signed | 21/04/2009
        20080023
        Project name
        Promoter - financial intermediary
        SES Astra Satellite IV
        SES S.A.
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 200 million
        Estimated at EUR 550 million
        Location
        Sector(s)
        Description
        Objectives

        The project concerns the design, construction, launch and insurance of two satellites.

        The project will improve the capacity to satisfy future demand in HDTV, data and broadband services, promoting European competitiveness in the international satellite industry. Also, it will serve rural areas that are not covered by terrestrial broadband services. Therefore, the project is eligible under Article 267(c) of the EC Treaty in relation to i2i/knowledge economy.

        Environmental aspects
        Procurement

        Telecommunication in general or the satellite industry in particular are not listed in the Council Directive (85/337/EC) amended by Directives 97/11/EEC and 2003/35/EC regarding Environmental Impact Assessment and are subject to national legislation only. In general SES is committed to exceed environmental standards in line with the industry practice.

        EU procurement legislation does not apply to the project.

        Comments

        Satellites and ground stations.

        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).

        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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