Global Trade Alert
Global Trade Alert

Germany: KfW provides financing to support Westconnect GmbH’s expansion of fibre-optic network

Announcement

11 May 2023

In May 2023, the KfW IPEX-Bank announced providing EUR 433 million in financing to support German company Westconnect GmbH’s expansion of its fibre-optic network in western Germany.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 May 2023

Revocation date:

No revocation date

Updated: 11 May 2023
State loan In force

On 11 May 2023, the KfW IPEX-Bank announced providing a EUR 433 million (USD 475.5 million) investment loan to German company Westconnect in order to support the company's expansion of fibre optics...

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