EDF Invest and its partners sign an agreement with Orange to support fiber deployment in rural areas
2 Feb 2021
EDF Invest, Banque des Territoires (Caisse des Dépôts) and CNP Assurances have entered into an exclusivity agreement with Orange to acquire a 50% equity interest in Orange Concessions, a company established by Orange to consolidate its fiber investments in 23 public initiative networks (PIN) in France, with a perimeter of more than 4.5 million households.
Alexandre Pieyre, Investment Director, declares :
« Investing in the development of the fiber network in rural areas allows the Dedicated Assets portfolio to keep up with the rapid development of our hyper-connected society. It is key to invest today in the technologies that are becoming critical to it. »