The project comprises the promoter's investments in research, development and innovation (RDI) of railways and train components.
Objectives
The project comprises the promoter's investments in research, development and innovation (RDI) of railways (signalling, rail-integral systems and processes efficiency) and train components (urban, sub/inter-urban, high speed trains). The project's activities focus on improving energy efficiency, reliability, and furthering into eco-design concepts in the development of technologies applied to rail products such as traction, bogies - wheels, axles and axle gears, body shells, rail control and communications, or electrification.
Comments
The Risk Sharing Finance Facility (RSFF) is an innovative credit risk sharing scheme jointly set up by the European Commission and the European Investment Bank to improve access to debt financing for private companies or public institutions promoting activities with a higher financial risk profile in the fields of research, technological development, demonstration and innovation investments.
Sector(s)
Transport
Proposed EIB finance (Approximate amount)
EUR 125 million
Total cost (Approximate amount)
EUR 250 million
Environmental aspects
The activities are expected to be carried out in existing R&D centres that will not change their scope due to the project, and is not subject to Directive 2011/92/EU; an Environmental Impact Assessment (EIA) is therefore not needed. However the Bank's services will further assess all the environmental details during the due diligence.
Procurement
Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank's services will verify details during the project's due diligence.
Status
Under appraisal
-
04/04/2013.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities. Enquiries and comments regarding the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, EIB can also be contacted through its external offices.
Queries regarding details of a specific project, in particular when EIB loan is under appraisal, should be preferably addressed directly to project promoters.
Any complaint regarding alleged maladministration can be lodged to EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.
Zero-tolerance against fraud and corruption
The EIB has a zero-tolerance policy on fraud or corruption. To report allegations of fraud or corruption in EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential, and are handled in line with EIB investigation procedures and the Anti-Fraud Policy.
The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.
The Risk Sharing Finance Facility (RSFF) is an innovative credit risk sharing scheme jointly set up by the European Commission and the European Investment Bank to improve access to debt financing for private companies or public institutions promoting activities with a higher financial risk profile in the fields of research, technological development, demonstration and innovation investments.