Enet secures European support

Jonathan Taylor, vice-president, the European Investment Bank (EIB), and Conal Henry, chief executive, Enet. The EIB has completed an initial investment of €12 million to support expansion of next generation fibre optic telecom infrastructure across Ireland by Enet

The European Investment Bank (EIB) has completed an initial investment of €12 million to support expansion of next generation fibre optic telecom infrastructure across Ireland, by open-access network operator Enet.

The €12 million loan agreement is the EIB’s first project in Ireland under a new programme, Innovfin, aimed at streamlining lending for innovation. The investment is supporting Enet’s development of next generation telecoms infrastructure over the coming years.

Enet’s current investment programme includes ...