EIB lends öGIG €75 million for rural fibre expansion in Austria
The European Investment Bank is lending Austrian fibre provider öGIG €75 million to extend open-access broadband networks, with a focus on rural areas in six federal states.
Event / data period: 2026-10
Published: · Updated:
The loan is the first tranche of planned EIB financing. Together with commercial banks, the financing package for the project totals €225 million. The EIB loan is backed by the EU’s InvestEU programme.
Data
EIB lends öGIG €75 million for rural fibre expansion in Austria
Financing amounts stated in the press release.
| EIB loan tranche | 75 |
| Total project financing package | 225 |
Methodology
Project financing amounts stated in the EIB release; commercial-bank co-financing is included in the total package.
Updated:
Subjects and places
Subject proposals
- Telecommunication serviceSuggested
- Subject suggested from the title or summary: broadbandwww.eib.org ↗
- Science and technologySuggested
- Preserved editorial category/topic; broad candidate onlywww.eib.org ↗
Geographic references
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- Austria · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.eib.org ↗