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General

EC launches EIB-backed broadband investment fund

Monday 12 December 2016 | 14:00 CET | News
The European Commission and the European Investment Bank (EIB) have announced the launch of a new fund designed to boost the amounts invested in broadband network infrastructure across underserved areas of Europe. The Connecting Europe Broadband Fund will lead to an investment platform combining private and public commitments, with three state-backed national lenders – KfW Bankengruppe from Germany, Cassa Depositi e Prestiti from Italy and Caisse des depots et consignations from France – announcing their participation in the initiative as anchor investors. The joint project intends to bridge

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Categories: General
Companies: European Commission
Countries: Europe
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