Mirova, a subsidiary of Natixis Asset Management dedicated to socially responsible investment, announces that BTP IL, closed-end fund which hit final close in September 2016, contributed to the project to design, build and operate the second-generation, very high-speed public broadband network for the Department of Savoy. The Public Service Delegation contract,
\nsigned on 27 July 2016 for a term of 25 years, will give households and companies access to the best fibre optic services offered by national and local operators. Nearly 74,000 FTTH (Fiber To the Home) connections are planned to be deployed on a firm basis, as well as an additional lot upon conditions.<\/p>\n
THD73, a project company created on this occasion, counts among its shareholders leading industry
\nplayers and financial backers of community digital development: the BTP IL fund (55%), Axione and
\nBouygues \u00c9nergies & Services (15%), and Caisse des D\u00e9p\u00f4ts (30%). In addition, THD73 has been
\ngranted with credit facilities arranged and underwritten by Caisse d\u2019Epargne Rh\u00f4ne-Alpes, which
\nalso serves as Placement Agent and Custodian.<\/p>\n
\u201cThis is the second investment completed by BTP IL in the very high-speed broadband sector, Gwenola Chambon, Head of General Infrastructure Funds at Mirova, also reacted: \u201cThe BTP IL fund Catherine Grandjean, Director of Structured Finance at Caisse d\u2019Epargne Rh\u00f4ne Alpes, Mirova announces that BTP IL contributed to the project to design, build and operate the second-generation, very high-speed public broadband network for the Department of Savoy.<\/p>\n","protected":false},"author":20,"featured_media":61129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,2094,2007,2139,1680],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/61131"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=61131"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/61131\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/61129"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=61131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=61131"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=61131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nfollowing on from the Aisne THD project. This undertaking will allow fibre optic to be rolled out in all
\nthe less densely populated areas of the Department of Savoie,\u201d explained Guillaume Faroux, Director
\nof the BTP IL fund, before adding: \u201cThe stakes are high and will have a great deal of impact on the
\neconomic competitiveness, social cohesion, and quality of life for the department.\u201d<\/em><\/p>\n
\nis an investment tool dedicated to responsible and local public infrastructure projects, serving SMEs
\nin France, and the THD73 project fits perfectly into our strategy. We are especially pleased to have
\nachieved our first joint investment with our long-standing partner Caisse d\u2019Epargne Rh\u00f4ne Alpes.\u201d<\/em><\/p>\n
\nstated: \u201cCaisse d\u2019Epargne Rh\u00f4ne Alpes is actively involved in financing major regional infrastructure
\nprojects. Given the benefits underlying the fibre optic network deployment across the department, it
\nwas important for us to arrange the debt to support such a project. Working on this project alongside
\nthe BTP IL fund, of which Caisse d\u2019Epargne Rh\u00f4ne Alpes is a unit holder, makes it even more
\nsatisfying.\u201d <\/em> <\/p>\n","protected":false},"excerpt":{"rendered":"