News / Europe to benefit from US$500 million broadband fund

Europe to benefit from US$500 million broadband fund

🕔 July 10, 2018
SUSI Energy Storage Fund reaches final closing at EUR 252m

The European Investment Bank (EIB) and the European Commission, together with French, German and Italian banks Caisse des Dépôts, KfW and Cassa depositi e prestiti, have committed EUR420 million (US$493.2 million) to the Connecting Europe Broadband Fund, which will finance broadband network infrastructure across underserved areas in Europe.

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