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    Signature(s)

    Amount
    € 67,790,000
    Countries
    Sector(s)
    Italy : € 67,790,000
    Transport : € 67,790,000
    Signature date(s)
    19/12/2019 : € 67,790,000

    Summary sheet

    Release date
    28 October 2019
    Status
    Reference
    Signed | 19/12/2019
    20190492
    Project name
    Promoter - financial intermediary
    EAV CIRCUMVESUVIANA RAILWAY NEW ROLLING STOCK
    ENTE AUTONOMO VOLTURNO SRL
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 68 million
    EUR 222 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the purchase of 40 new trainsets to be employed on the Circumvesuviana railways located in the Campania Region (Italy). The new trains will replace life-expired rolling stock.

    The project is expected to improve the quality of public transport services and facilitate modal shift from road to rail as well as reduce operational and maintenance costs. Moreover, the new energy efficient trains will reduce GHG emissions related to railway operations.

    Environmental aspects
    Procurement

    The project does not fall under either Annex I or Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU amended by the Directive 2014/52/EU, since manufacturing and use of rail rolling stock is not included in both lists. The project is expected to have a positive environmental impact through the replacement of existing rolling stock with more energy efficient trainsets and by supporting the railway to maintain and potentially increase its modal share of urban mobility in the metropolitan area of Naples. The EIB will assess such possible impacts as well as the arrangements for the scrapping of dismissed rolling stock during appraisal.

    The Promoter will be required to ensure that contracts for the implementation of the project have been tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/24/EU as well as Directive 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.

    Comments

    n/a

    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) - EAV CIRCUMVESUVIANA RAILWAY NEW ROLLING STOCK
    Publication Date
    17 Dec 2019
    Document language
    Main Topic
    Lending
    Document Number
    122857311
    Document Focus
    Environmental Information
    Project Number
    20190492
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - EAV CIRCUMVESUVIANA RAILWAY NEW ROLLING STOCK
    Publication Date
    3 Feb 2020
    Document Language
    English
    Main Topic
    lending
    Document Number
    126552551
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20190492
    Last update
    4 Feb 2020
    Sector(s)
    Transport
    Countries
    Italy
    Publicly available
    Download now

    News & Stories

    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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