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    Signature(s)

    Amount
    € 169,404,451.42
    Countries
    Sector(s)
    Germany : € 169,404,451.42
    Transport : € 169,404,451.42
    Signature date(s)
    29/06/2020 : € 18,559,365.75
    30/10/2019 : € 150,845,085.67

    Summary sheet

    Release date
    11 June 2018
    Status
    Reference
    Signed | 30/10/2019
    20180074
    Project name
    Promoter - financial intermediary
    NETZ ELBE SPREE ROLLING STOCK
    LAND BERLIN,LAND MECKLENBURG-VORPOMMERN,LAND SACHSEN-ANHALT,LAND BRANDENBURG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 186 million
    EUR 1300 million
    Location
    Sector(s)
    Description
    Objectives

    This operation will finance newly-purchased rolling stock for the winners of the presently pending tender for the operation Netz Elbe Spree (NES). The NES network provides regional rail services in Berlin and three surrounding federal states Mecklenburg-Vorpommern, Brandenburg and Sachsen-Anhalt. Under the tender there are four lots to provide rail services on 18 railway lines; 17 regional railway lines and the Berlin Brandenburg Airport (BER) rail express (FEX) to the new airport.

    The new fleet will enable improved passenger train services. The project is likely to reduce the use of private vehicles or at least contribute to maintaining modal share of rail, thus contributing to more sustainable transport outcomes by reducing related negative transport externalities. The project will, therefore, contribute to EU objectives and to the Bank's Climate Action objective. The project falls within the Lending Policy for Transport. Furthermore this project supports the development of competition in a sector with high barriers to entry. The project is, therefore, eligible under Article 309 point (c) "common interest", of the Treaty on the Functioning of the EU. If bi-mode trains are included in the scope then this project would fall under the Cleaner Transport Facility (CTF). The CTF was jointly launched by the Bank and the Commission in late 2016 as a vehicle to promote new, cleaner technology in transport.

    Environmental aspects
    Procurement

    The investment proposed under the project does not fall under either Annex I or Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU as manufacturing of rail rolling stock is not included in either list. The need of an EIA and/or assessment according to the Habitants Directive for associated facilities (e.g. maintenance workshops, depots or infrastructure) and the arrangements for the scrapping of the replaced rolling stock will be analysed during the appraisal. The project is expected to have a positive environmental impact by supporting the railways to maintain or enlarge modal share in key sections of the passenger market that are most appropriately met by rail.

    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/EC) as interpreted by the Court of Justice of the EU, with the publication of tender notices in the EU Official Journal, as and where required. The tender notice for the public service contracts was published in the OJEU on 22 November 2017 (2017/S 224-466191).

    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) - NETZ ELBE SPREE ROLLING STOCK
    Publication Date
    16 Oct 2018
    Document language
    Main Topic
    Lending
    Document Number
    84505021
    Document Focus
    Environmental Information
    Project Number
    20180074
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - NETZ ELBE SPREE ROLLING STOCK
    Publication Date
    21 Sep 2018
    Document Language
    English
    Main Topic
    lending
    Document Number
    86324148
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20180074
    Last update
    21 Sep 2018
    Sector(s)
    Transport
    Countries
    Germany
    Publicly available
    Download now

    General enquiries and comments

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