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    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    Latvia : € 75,000,000
    Transport : € 75,000,000
    Signature date(s)
    19/07/2017 : € 75,000,000

    Summary sheet

    Release date
    30 June 2016
    Status
    Reference
    Signed | 21/07/2017
    20150496
    Project name
    Promoter - financial intermediary
    RIGA TRANSPORT COMPANY
    RP SIA RIGAS SATIKSME
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million
    EUR 195 million
    Location
    Sector(s)
    Description
    Objectives

    Purchase of 20 new low-floor tram units to operate in the city of Riga, and modernisation of tramway infrastructure and depot. Purchase of 10 hydrogen fuel cell (HFC) buses and 10 Hytrolleys with HFC range extenders. Construction of hydrogen fuel production and storage facility.

    The project consists of the purchase of 20 new low-floor tram units for the city of Riga. New trams will replace existing ones, which are obsolete.

    Environmental aspects
    Procurement

    Manufacture of the new train sets will take place in the manufacturer's plant and does not fall within the scope of the Environmental Impact Assessment (EIA) Directive 2011/92/EU; therefore no EIA is required for this component. Compliance of the new depot, the expansion of existing depot and associated facilities (i.e. infrastructure, if any) will be analysed during appraisal.

    The promoter is subject to and follows public procurement rules according to EU regulations. The Bank will require the promoter to ensure that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement legislation, with publication of tender notices in the Official Journal of the EU, as and where appropriate. The procurement process followed for tram sets will be reviewed during appraisal.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - RIGA TRANSPORT COMPANY
    Publication Date
    22 Nov 2016
    Document language
    Main Topic
    Lending
    Document Number
    63147899
    Document Focus
    Environmental Information
    Project Number
    20150496
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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    Enquiries and comments concerning 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.
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