Advising the lenders in connection with the financing of the concession of the very high speed internet network located in Grand Est

Advising the lenders and the hedging banks in connection with the financing of the concession of the very high speed internet network located in Grand Est area (France).

The THD Grand Est public-private partnership (PPP) project, France’s biggest optical fibre PPP contract to date and one of the largest contracts of its kind in Europe, has successfully reached financial close for private financing of €900 million.

Aimed at introducing very high-speed fibre internet connectivity, THD Grand Est will connect approximately one million households and businesses across over 3,600 cities. Construction of the project is due to be completed in 2022, with a total term of 35 years.