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    Signature(s)

    Amount
    € 222,743,259.09
    Countries
    Sector(s)
    United Kingdom : € 222,743,259.09
    Transport : € 222,743,259.09
    Signature date(s)
    29/12/2016 : € 222,743,259.09

    Summary sheet

    Release date
    15 March 2016
    Status
    Reference
    Signed | 29/12/2016
    20120256
    Project name
    Promoter - financial intermediary
    MERSEYTRAVEL ROLLING STOCK PROGRAMME
    MERSEYTRAVEL
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 245 million (GBP 190 million)
    EUR 516 million (GBP 400 million)
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the acquisition of electrically powered rolling stock for use on Merseytravel's network in Merseyside, Cheshire and West Lancashire in the northwest of England together with associated upgrades to the railway's infrastructure and maintenance depots.

    Merseytravel wishes to procure a new fleet which will be in service by the early 2020s. The project will contribute to the continuation, improvement and development of reliable high quality public transport services in Merseyside, Cheshire and West Lancashire and encourage modal shift away from road transport promoting time, vehicle operating cost and safety benefits.

    Environmental aspects
    Procurement

    Manufacture of rail rolling stock doesn't fall under either Annex I or Annex II of the Environmental Impact Assessment Directive 2011/92/EU. Compliance with EU legislation and the environmental impact of the project will be examined during the project appraisal. The project helps to reduce reliance on private cars and the negative impact of transport on the environment, thus contributing to climate change objectives.

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (in this case Directive 2004/18/EC and Directive 2007/66/EC (amending Directives 1989/665/EEC and 1992/13/EEC)), with publication of tender notices in the EU Official Journal, as and where required.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - MERSEYTRAVEL ROLLING STOCK
    Publication Date
    9 Jun 2016
    Document language
    Main Topic
    Lending
    Document Number
    66916957
    Document Focus
    Environmental Information
    Project Number
    20120256
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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