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    Signature(s)

    Amount
    € 700,000,000
    Countries
    Sector(s)
    Germany : € 700,000,000
    Transport : € 700,000,000
    Signature date(s)
    14/12/2017 : € 100,000,000
    23/06/2021 : € 300,000,000
    11/10/2018 : € 300,000,000
    Link to source

    Summary sheet

    Release date
    4 December 2017
    Status
    Reference
    Signed | 14/12/2017
    20160374
    Project name
    Promoter - financial intermediary
    BVG FAHRZEUGBESCHAFFUNG BERLIN
    BERLINER VERKEHRSBETRIEBE (BVG) AOER
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 700 million
    EUR 1585 million
    Location
    Sector(s)
    Description
    Objectives

    The project will finance the acquisition of around 630 new metro vehicles and around 100 tram vehicles for the Berlin public transport network. The new vehicles will replace age-expired rolling stock and will contribute to enlarging the fleet to accommodate growing passenger volumes, as the city is growing too. The new rolling stock will be owned and operated by the promoter, Berlin's public transport operator Berliner Verkehrsbetriebe (BVG).

    The project will make an important contribution to the renewal of BVG's fleet and to the quality and efficiency of public transport in Berlin, thereby supporting the shift away from individual motorised transportation.

    Environmental aspects
    Procurement

    The construction of new rolling stock does not fall within the scope of Directive 2011/92/EU since it will take place in the manufacturer's plants. Therefore, no Environmental Impact Assessment (EIA) is required for the tram rolling stock. There may be associated infrastructure works. The works for the construction of tramway and metro infrastructure are classified under Annex II of the directive. During the appraisal of the project, compliance will be checked and the Bank's loan will be conditional to obtaining all the corresponding/necessary official statements. The project is expected to deliver positive environmental benefits thanks to the new vehicles' improved energy efficiency.

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been and shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/17/EG and 2014/25/EU as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the European Union. Trams and metros under the following tenders will be part of the project: 2005/S 102-102250 d.d. 28.05.2005, 2011/S 42-069030 d.d. 2.3.2011, 2016/S 241-439844 d.d. 14.12.2016 and 2016/S 242-441852 d.d. 15.12.2016.

    Link to source
    Other links

    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) - BVG FAHRZEUGBESCHAFFUNG BERLIN
    Publication Date
    24 Jan 2018
    Document language
    Main Topic
    Lending
    Document Number
    78914365
    Document Focus
    Environmental Information
    Project Number
    20160374
    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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