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Signature(s)

Amount
€ 39,000,000
Countries
Sector(s)
Spain : € 39,000,000
Transport : € 39,000,000
Signature date(s)
26/04/2019 : € 39,000,000

Summary sheet

Release date
4 April 2019
Status
Reference
Signed | 26/04/2019
20180473
Project name
Promoter - financial intermediary
VALENCIA CLEAN URBAN TRANSPORT FLEET RENEWAL
EMPRESA MUNICIPAL DE TRANSPORTES DE VALENCIA SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 39 million
EUR 80 million
Location
Sector(s)
Description
Objectives

The project concerns: (i) the renewal of part of Valencia's urban public bus transport fleet, (ii) the construction of related infrastructure, such as onboard IT systems and vending machines, (iii) works in Sant Isidre Depot to improve the quality of services, namely in the workshop as well as the construction of a new vehicle compound/car park. The project falls within the Clean Urban Transport Programme Loan Spain (2018-0060) approved by the Board of Directors on July, 17th 2018, to support both public and private promoters operating under a public service contract responsible for transport of passengers in urban areas in Spanish municipalities.

The renewal and improvement of bus public transport including the deployment of cleaner technology will contribute to reduce pollution and promote low-carbon transport. In addition, the investments will have the capacity to improve the quality of public transport service, helping thus to reduce reliance on private cars and maintain or increase public transport share. The project therefore contributes to sustainable transport and climate change mitigation, in line with the EIB's Transport Lending Policy and the EU's and EIB's objectives on Climate Action.

Environmental aspects
Procurement

The manufacturing of rolling stock (buses), software and IT systems for bus operation and charging stations do not fall within the scope of the Environmental Impact Assessment (EIA) Directive 2011/92/EC amended by Directive 2014/52/EU. Therefore, no EIA will be required for these components. The Bank will request, after project completion, information from the Promoter on the disposal of the buses to be replaced. The works in Sant Isidre Depot to improve the quality of the services (namely improvement works in the workshop and the construction of a new vehicle compound/car park) correspond to an adaptation of an existing depot. The adaptation of existing depots for the vehicles falls under Annex II of the EIA Directive 2011/92/EC amended by Directive 2014/52/EU. This component has been screened out since the adaptations of Sant Isidre Depot will take place inside the existing facilities and no land acquisition is required.

The Bank will require the Promoter to ensure that contracts for the implementation of the programme have been and will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/24/EU and/or 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 EU Official Journal, as and where required.

Related projects
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).

Documents

Environmental and Social Data Sheet (ESDS) - VALENCIA CLEAN URBAN TRANSPORT FLEET RENEWAL
Publication Date
11 May 2019
Document language
Main Topic
Lending
Document Number
85766608
Document Focus
Environmental Information
Project Number
20180473
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - VALENCIA CLEAN URBAN TRANSPORT FLEET RENEWAL
Publication Date
28 Nov 2024
Document language
Main Topic
Lending
Document Number
190577243
Document Focus
Environmental Information
Project Number
20180473
Sector(s)
Regions
Countries
Publicly available
Download now
scoreboard - CLEAN URBAN TRANSPORT PROGRAMME LOAN SPAIN
Publication Date
21 Sep 2018
Document Language
English
Main Topic
lending
Document Number
86559327
Document Focus
EFSI legal requirements
Document Type
Scoreboard
Project Number
20180060
Last update
21 Sep 2018
Sector(s)
Transport
Countries
Spain
Publicly available
Download now

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