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Signature(s)

Amount
€ 132,500,000
Countries
Sector(s)
Germany : € 132,500,000
Transport : € 132,500,000
Signature date(s)
5/06/2018 : € 132,500,000
Link to source

Summary sheet

Release date
1 June 2017
Status
Reference
Signed | 05/06/2018
20170020
Project name
Promoter - financial intermediary
RHEIN-NECKAR-TRAM 2020
Rhein-Neckar-Verkehr GMBH
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 154 million
EUR 265 million
Location
Sector(s)
Description
Objectives

The project consists of the renewal of part of the tramway fleet of operator Rhein-Neckar-Verkehr GmbH (RNV), providing public transport services in the Rhine-Neckar region around the cities of Heidelberg, Mannheim and Ludwigshafen am Rhein, straddling the Federal States of Baden-Württemberg, Rhineland-Pfalz and Hessen in Germany.

The project aims to enable sustainable and resource-efficient transport by improving comfort and energy efficiency and reducing noise emissions thanks to the replacement of old trams with new and better tram rolling stock.

Environmental aspects
Procurement

The construction of the new tram rolling stock does not fall within the scope of the Environmental Impact Assessment (EIA) Directive since it will take place in the manufacturer's plants. If the project includes the construction of depots, then compliance with the EIA Directive will be assessed and, if needed, the Bank's loan will be conditional to obtaining the necessary environmental screening decisions, approvals or permits. The project is expected to deliver positive environmental benefits thanks to the new trams' improved energy efficiency.

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 (Directive 2014/24/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 EU, as and where required.

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) - RHEIN-NECKAR-TRAM 2020
Publication Date
16 Nov 2017
Document language
Main Topic
Lending
Document Number
76505760
Document Focus
Environmental Information
Project Number
20170020
Sector(s)
Regions
Countries
Publicly available
Download now
Other links

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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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