Communication Infrastructure Fund

Primevest's Fiber-to-the-Home Project (Hanover, Leverkusen and Munster) - Financing

Industry
Telecoms and Communications/Broadband / cable network
Area of finance
Project & Infrastructure Finance
Region
Europe
Countries
Germany

Deal Overview

Hamburg Commercial Bank (HCOB) has provided a long-term financing of €35 million ($36 million) to the Communication Infrastructure Fund launched by Primevest Capital Partners. The loan is funded under the German government's KfW Digital Infrastructure program, which was launched to support...

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Hamburg Commercial Bank (HCOB) has provided a long-term financing of €35 million ($36 million) to the Communication Infrastructure Fund launched by Primevest Capital Partners. The loan is funded under the German government's KfW Digital Infrastructure program, which was launched to support the construction and expansion of the fiber-optic networks.  The project will expand open-access fiber-optic networks in the regions around Hanover, Leverkusen and Munster. An estimated 45,000 private households in Lower Saxony and North Rhine-Westphalia will be supplied with Fiber-to.the-Home (FTTH) connections.

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Deal Volume
$36m
Financial Close
04 July 2022

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Projects

Primevest's Fiber-to-the-Home Project (Hanover, Leverkusen and Munster)

Greenfield
Broadband / cable network
Europe
Germany
$36m