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Signature(s)

Amount
€ 523,560,209.42
Countries
Sector(s)
United Kingdom : € 523,560,209.42
Transport : € 523,560,209.42
Signature date(s)
9/11/2006 : € 523,560,209.42
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Summary sheet

Release date
15 May 2006
Status
Reference
Signed | 09/11/2006
20060143
Project name
Promoter - financial intermediary
Network Rail Infrastructure Upgrading

Network Rail Infrastructure Limited
40 Melton Street
London NW1 2EE

Contact - Mr. T. Winter, Head of Treasury Operations

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to GBP 300 million
Approximately GBP 1 200 million
Location
Sector(s)
Description
Objectives

Infrastructure investments to provide capacity enhancement, operational improvements and to ensure continued safety across the rail network. Core elements include investment in the Trent Valley section of the West Coast Main Line, remodelling of Rugby and Nuneaton stations, and power supply upgrades in South London, Wessex, Sussex and Kent.

Improved capacity to meet growing demand for rail transport, particularly four-tracking of sections of the Trent Valley route to remove a major bottleneck and facilitating the introduction of new rolling stock in the South East through power supply upgrading. Improved operational efficiency and safety, particularly from infrastructure replacement and remodelling, and signalling development and replacement.

Environmental aspects
Procurement

NRIL follows a corporate environmental policy which includes applicable national and EU legislation. The procedures will be verified during appraisal.

NRIL is subject to EU procurement Directives. The application of the directives will be verified during appraisal.

Comments

Railway infrastructure.

Link to source

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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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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