ENEL OPENFIBER ULTRA-BROADBAND DEVELOPMENT PLAN (EIB-20160531)

Countries
  • Italy
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
ENEL OPEN FIBER SPA, ENEL SPA
The holder of the loan, grant, or other investment.
Sectors
  • Communications
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 545.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 500.00 million
Converted using 2016-09-19 exchange rate.
Project Cost (USD)
$ 3,601.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 3300.00 million
Converted using 2016-09-19 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS May 2, 2017

Disclosed by Bank Sep 19, 2016


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Project Description
The project will finance a roll-out of a passive optical fibre access network (fibre to the building/home) in 250 Italian cities.
Investment Description
  • European Investment Bank (EIB)
Contact Information
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