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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

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