Release date: 10 July 2023
Promoter – Financial Intermediary
RHEIN-NECKAR-VERKEHR GMBHLocation
Description
The project will finance the purchase of new and better tram rolling stock, replacing old trams in the Rhine-Neckar region, more specifically around the cities of Mannheim and Heidelberg.
Objectives
The aim is to increase the tram capacity, comfort and service level, enable sustainable resource-efficient transport, as well as reduce noise emissions.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
not disclosed
Total cost (Approximate amount)
not disclosed
Environmental aspects
The construction of the new tram rolling stock does not fall within the scope of the Environmental Impact Assessment (EIA) Directive since it will take place in the manufacturer's plants. If the project includes the construction of depots, then compliance with the EIA Directive will be assessed and, if needed, the EIB's loan will be conditional to obtaining the necessary environmental screening decisions, approvals or permits. The project is expected to deliver positive environmental benefits thanks to the new trams' improved energy efficiency.
Procurement
The promoter has to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/24/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 EU, as and where required.
Status
Approved - 20/12/2023
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).