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Enforta Expansion

Sector: Telecommunications • Location: Russia

Source: European Bank for Reconstruction and Development (EBRD)

Project
Complete

The Project will allow OOO Prestige Internet (the Company), a wholly owned subsidiary of Enforta B.V., to finance the ongoing expansion of its wireless broadband services in regional centres throughout the Russian Federation. The proposed project will The Enforta Group, sponsored by the Sumitomo Corporation, private equity funds managed by Barings Vostok Capital Partners and private equity funds m

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The project “Enforta Expansion” is an infrastructure initiative in the Telecommunications sector, located in Russia. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Description

Description

The Project will allow OOO Prestige Internet (the Company), a wholly owned subsidiary of Enforta B.V., to finance the ongoing expansion of its wireless broadband services in regional centres throughout the Russian Federation. The proposed project will The Enforta Group, sponsored by the Sumitomo Corporation, private equity funds managed by Barings Vostok Capital Partners and private equity funds managed by Bessemer Venture Partners, is one of the largest wireless broadband Internet service provider in the Russian Federation. Senior unsecured loan of USD15 million. USD15 million. Screened C (2008). The Project is unlikely to be associated with any significant environmental issues. The environmental due diligence is currently under way. The Company will be required to comply with national and EU environmental, health and safety standards and to submit annual reports on environment, health and safety issues. None. Lee Sparkman, President Mishina Street 56 Building 2, 6th floor. 127083 Moscow, Russian Federation Website: www.enforta.com Tel: +7 (495) 739-7559 Fax: +7 (495) 739-7559 x7777

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Source reliability

High

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100%

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