In line with its responsible investor philosophy, Mirova is committed ...
Mirova and its partners awarded at the 2016 PFI Awards
Mirova, a wholly owned subsidiary of Natixis Asset Management dedicated to responsible investment, is pleased to announce that the Nord-Pas-de-Calais High-Speed Broadband Network project, to which it contributed, was granted with the “European Telecoms Deal of the Year » award by Project Finance International Magazine. A Thomson Reuters subsidiary, Project Finance International Magazine is the leading source of global project finance intelligence.
The 2016 PFI Awards Dinner, held on February 1st in London, was attended by Mirova’s General Infrastructure team who closed this transaction.
“This award honors the most ambitious optical fibre construction project ever made to date within the framework of the France High-Speed Broadband Network Plan (680,000 fiber-to-the-home (FTTH) connections to be deployed, of which 533,000 under the responsibility of the delegate for construction over the next 5 years), and the largest digital development project, worth 522M€, in construction phase at the European level. This undertaking will not only have a great deal of impact on the digital planning and development of this region, but also on its social and economic development, and therefore perfectly matches with our commitment to structure and invest in very long term projects serving the general interest.”, says Gwenola Chambon, Head of General Infrastructure at Mirova. « This PFI prize rewards a high-quality work delivered conjointly with our partners; this is reason why we are delighted to share this award with all of them.”
About the Nord-Pas-de-Calais High-Speed Broadband Network project
The consortium initially composed of Mirova (acting as Management Company of the FIDEPPP2 fund), Axione, Bouygues Energies & Services, and later joined by Caisse des Dépôts, was tasked with developing, building and operating the region's high-speed broadband network under a public service delegation contract (DSP) signed on November 4th 2016. THD 59-62, a project company, has been created on this occasion and will work with service providers to market the network, in an effort to offer local companies and residents in both departments the best fibre-optic services.