Release date: 4 July 2023
Promoter – Financial Intermediary
SJ ABLocation
Description
The project comprises the acquisition of 25 electric high-speed trainsets equipped to operate in Sweden, Norway and Denmark.
Objectives
The trainsets procured will be equipped to operate in Sweden, Norway and Denmark, and will predominantly be used to provide commercial long distance rail services connecting Stockholm and Gothenburg with other major cities in Sweden and the Nordics. Traffic operations are planned on the routes Stockholm-Gothenburg, Stockholm-Malmö-Copenhagen, Stockholm-Sundsvall-Umeå, Stockholm-Karlstad-Oslo, Gothenburg-Malmö-Copenhagen mainly on the TEN-T network.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
SEK 3500 million (EUR 296 million)
Total cost (Approximate amount)
SEK 7950 million (EUR 672 million)
Environmental aspects
The investments proposed under the project do not fall under either Annex I or Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU. The need of EIA and/or assessment according to the Habitats Directive for associated facilities (e.g. maintenance workshops or depots) will be analysed during the appraisal. All else equal, the project is expected to have a positive environmental impact by helping the railways to expand their modal share in key sections of the passenger market that are most appropriately met by rail. In addition, the arrangements for the scrapping of the replaced stock will be checked during appraisal. The project is expected to contribute to Climate Action and Environmental Sustainability (CA&ES) objectives, in particular to climate mitigation and climate adaptation and pollution prevention.
Procurement
The Bank will require the promoter to ensure that contracts for implementation of the project have been tendered in accordance with the applicable EU procurement legislation, 2014/25/EU as well as Directive 92/13/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 - 13/12/2023
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).