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    Référence: 20220862
    Date de publication: 4 mai 2023

    Promoteur – Intermédiaire Financier

    NORTHERN FIBER HOLDING GMBH

    Lieu

    Description

    The project relates to the design and rollout of a Very High Capacity (VHC) broadband network in Northern Germany (Lower Saxony, Northern-Rhine Westphalia and Schleswig-Holstein). The objective of the project is to cover around 250 000 additional Households (HH's) to the promoter's existing network of 90 000 HH's. As a retail operator, the promoter will offer advanced active services to the end customers in its coverage area.

    Additionality and Impact

    The project contributes to the Public Policy Goal Innovation, Digital and Human Capital (Digital Infrastructure) and horizontal objective Economic and Social Cohesion. The project will lead to the deployment of innovative and secure telecommunication technologies and thus generate positive network externalities by enabling more users to benefit from improved and safe access to advanced broadband services. The project also generates further externalities to other sectors of the economy by supporting innovation and competitiveness. This will lead to economic returns to society that exceed those to the private investor.


    EIB loan will diversify the sources of financing of the borrower which is critical in the context of a large non-recourse financing and the relatively small current size of the Promoter. EIB loan will accelerate the Borrower Investment by securing upfront additional financing. In addition, EIB financial added-value will improve the financial sustainability of the borrower and the project.

    Objectifs

    The project concerns the rollout of a Very High Capacity network in Germany, enabling ultra-fast broadband services. The project contributes to the objectives of the Digital Compass and a secure and sustainable digital infrastructure that provides gigabit connectivity for all households until 2030. The project is also in line with the European Electronic Communication Code (ECC) by supporting Very High Capacity networks and the requirements for data security. Therefore, the project is eligible under article 309, point c) Common Interest and point a) projects for developing less-developed regions where applicable.

    Secteur(s)

    Montant BEI envisagé (montant approximatif)

    EUR 175 million

    Coût total (montant approximatif)

    EUR 428 million

    Aspects environnementaux

    Investments in fixed telecommunications projects (mainly civil works for fibre rollout) do not fall under the Annexes of 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.

    Passation des marchés

    The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions.

    Statut

    Signé - 11/12/2023

    Milestone
    À l'examen
    Approuvé
    Signé
    12 octobre 2023
    11 décembre 2023

    Clause de non-responsabilité

    Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
    Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).

    Mots-clés correspondants

    Allemagne Télécom