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 4, 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.
For further reading: Mirova Core Infrastructure Fund closes a new deal in French parking concessionsMirova Core Infrastructure Fund buys majority stake in Aton, its first investment in district heating networks and in Italy
Past performance is not a reliable indicator of future performance. References to a ranking, prize, or rating of a fund are no indication for its future performance
Mirova, an asset management company wholly owned by Natixis Asset Management1, brings to bear almost 30 years of experience in Socially Responsible Investing (SRI). Mirova offers a conviction-driven approach in order to combine value creation with sustainable development with a unique and global product offering: listed equities, fixed income, infrastructure, impact investing, voting and engagement. With 63 employees, Mirova has €6 billion in assets under management2.
1 Since 01.01.2014.
2 Source : Natixis Asset Management as at 30 June 2016
A subsidiary of Natixis Asset Management
Limited liability company
Share Capital: €7 641 327.50
Regulated by the Autorité des Marchés Financiers (AMF) under n° GP 02014.
RCS Paris n° 394 648 216
21 quai d’Austerlitz 75013 Paris France
Natixis Asset Management
A subsidiary of Natixis Global Asset Management
Limited liability company
Share capital €50,434,604.76
Regulated by the Autorité des Marchés Financiers (AMF) under no. GP 90-009
RCS Paris n°329 450 738
21 quai d’Austerlitz 75634 Paris Cedex 13
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.