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EUTELSAT ADVANCED BROADBAND SATELLITE

Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
France : € 200,000,000
Telecom : € 200,000,000
Signature date(s)
27/11/2020 : € 200,000,000
Link to source

Summary sheet

Release date
13 January 2021
Status
Reference
Signed | 27/11/2020
20190183
Project name
Promoter - financial intermediary
EUTELSAT ADVANCED BROADBAND SATELLITE
EUTELSAT SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 459 million
Location
Sector(s)
Description
Objectives

The project concerns the design, purchase and launch of currently the technologically most powerful European satellite for high speed broadband services, also including the ground segment components. The different data services, which will reach up to 200 Mbps, will target residential and business customers in Europe, in northern Africa and the Middle East region. The start of the commercial service is planned for 2022.

The proposed investments will enable high capacity fixed broadband services in remote areas that today have poor coverage and weak terrestrial infrastructure. Due to the advanced features of the satellite, at the same time, connectivity for aircraft, mobile operators and governments can also be provided. Furthermore, this infrastructure will provide connectivity during emergency situations in case of failure or absence of terrestrial networks during natural disasters.

Environmental aspects
Procurement

In general, the satellite industry is not directly covered by Annexes I or II of the EU Directive 2014/52/EU amending the EIA Directive 2011/92/EU. The purchased broadband satellite will be manufactured by an established supplier in existing facilities. Nevertheless, the environmental details will be assessed during the appraisal.

The Promoter is a private company operating in the space sector, which is exempted from public procurement requirements.

Link to source

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).

Documents

Environmental and Social Data Sheet (ESDS) - EUTELSAT ADVANCED BROADBAND SATELLITE
Publication Date
19 Jan 2021
Document language
Main Topic
Lending
Document Number
132386830
Document Focus
Environmental Information
Project Number
20190183
Sector(s)
Regions
Countries
Publicly available
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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.
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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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