Release date: 14 April 2020
Promoter – Financial Intermediary
LANDESANSTALT SCHIENENFAHRZEUGE BADEN-WUERTTEMBERGLocation
Description
The project consists of the acquisition of 120 new trainsets for regional rail services in Baden-Württemberg and the retrofitting with European Railway Traffic Management Systems (ERTMS) and Automatic Train Operation (ATO) equipment of 118 existing vehicles.
Objectives
The project will increase the supply and quality of the passenger transport services provided in Baden Württemberg, and thereby will promote sustainable transport solutions in line with EU objectives.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 850 million
Total cost (Approximate amount)
EUR 1950 million
Environmental aspects
The project consists of the acquisition of new rolling stock, which is out of the scope of the Environmental Impact Assessment (EIA) Directive (2014/52/EU amending 2011/92/EU), the Habitats Directive (92/43/EEC) and Birds Directive (2009/147/EC). The need of EIA and/or assessment according to the Habitats Directive for associated facilities (e.g. maintenance workshops or depots) and arrangements for the scrapping of dismissed rolling stock will be assessed during appraisal. The project will promote a modal shift from road to rail and, therefore, generate environmental and safety benefits.
Procurement
The promoter has to ensure that contracts for the implementation of the project have been tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/24/EU, as well as Directive 89/665/EEC, as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 30/07/2020
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).