Release date: 4 December 2017
Promoter – Financial Intermediary
BERLINER VERKEHRSBETRIEBE (BVG) AOERLocation
Description
The project will finance the acquisition of around 630 new metro vehicles and around 100 tram vehicles for the Berlin public transport network. The new vehicles will replace age-expired rolling stock and will contribute to enlarging the fleet to accommodate growing passenger volumes, as the city is growing too. The new rolling stock will be owned and operated by the promoter, Berlin's public transport operator Berliner Verkehrsbetriebe (BVG).
Objectives
The project will make an important contribution to the renewal of BVG's fleet and to the quality and efficiency of public transport in Berlin, thereby supporting the shift away from individual motorised transportation.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 700 million
Total cost (Approximate amount)
EUR 1585 million
Environmental aspects
The construction of new rolling stock does not fall within the scope of Directive 2011/92/EU since it will take place in the manufacturer's plants. Therefore, no Environmental Impact Assessment (EIA) is required for the tram rolling stock. There may be associated infrastructure works. The works for the construction of tramway and metro infrastructure are classified under Annex II of the directive. During the appraisal of the project, compliance will be checked and the Bank's loan will be conditional to obtaining all the corresponding/necessary official statements. The project is expected to deliver positive environmental benefits thanks to the new vehicles' improved energy efficiency.
Procurement
The Bank will require the promoter to ensure that contracts for the implementation of the project have been and shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/17/EG and 2014/25/EU as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the European Union. Trams and metros under the following tenders will be part of the project: 2005/S 102-102250 d.d. 28.05.2005, 2011/S 42-069030 d.d. 2.3.2011, 2016/S 241-439844 d.d. 14.12.2016 and 2016/S 242-441852 d.d. 15.12.2016.
Status
Signed - 14/12/2017
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).