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Signature(s)

Amount
€ 60,000,000
Countries
Sector(s)
Germany : € 60,000,000
Transport : € 60,000,000
Signature date(s)
18/12/2006 : € 60,000,000
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Summary sheet

Release date
9 May 2006
Status
Reference
Signed | 18/12/2006
20040242
Project name
Promoter - financial intermediary
Marschbahn Schleswig-Holstein
Nord-Ostsee Bahn
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 60 million.
EUR 120 million.
Location
Sector(s)
Description
Objectives

The project consists of the acquisition of rolling stock (90 cars and 4 electrified locomotives) for a train connection between Hamburg and the island of Sylt to be operated by Nord Ostsee Bahn/Connex. Delivery of the assets will be between yearend 2005 and 2006.

The project will improve the attractiveness of regional passenger railway transport between Hamburg and Westerland/Sylt. The rail service would to a large extent cover an assisted area since both the northern part of the area served and parts of Hamburg are Objective 2 areas.

Environmental aspects
Procurement

The project does not fall under EU Directive 97/11/EC. Rolling stock currently used (by DB AG) on the line is expected to be cascaded to other services.

The tender for the concession underlying the project was published in the EU Official Journal in June 2002. NOB was selected in 2003 as result of a competitive process after 3 bids were received. After negotiations with the manufacturer Talgo, NOB opted for Bombardier as manufacturer of the rolling stock.

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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).

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Alternatively, the EIB can be contacted through its external offices.
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