Release date: 7 August 2024
Promoter – Financial Intermediary
DEUTSCHE GIGANETZ GMBHLocation
Description
The project relates to the design and rollout of a Fibre to the Home (FTTH) Very High Capacity Network (VHC) coverage in rural and sub-urban areas, mostly in Central and South Germany.
Objectives
The aim is to add around 226k additional homes passed to the promoter's existing network of 194k homes passed (at the end of 2023), which represents around half of the promoter's company wide deployment plan. Upon project completion, the promoter will see its network more than triple, reaching at least 629k homes passed. In terms of areas, the focus is mainly on non-subsidized areas for households with no existing access to cable or FTTH/B broadband technologies. In addition, the promoter will also offer wholesale open access services to other retail operators.
Sector(s)
- Telecom - Information and communication
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 407 million
Environmental aspects
Investments in fixed telecommunications projects (mainly civil works for fibre rollout) do not fall under the Annexes of the Environmental Impact Assessment (EIA) Directive 2014/52/EU (amending Directive 2011/92/EC).
Procurement
The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions.
Status
Approved - 11/12/2024
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).