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Italy: CDP invests in joint venture to foster broadband internet infrastructure

Description

On 21 December 2016, the Italian Eximbank Cassa Depositi e Prestiti (CDP) invested EUR 961 million (USD 1 billion) in OpEn Fiber, a joint venture it formed with Enel. Open Fiber development plan outli...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Dec 2016

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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