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    Summary sheet

    Release date
    27 November 2020
    Status
    Reference
    Approved | 16/12/2020
    20200105
    Project name
    Promoter - financial intermediary
    GERMAN ROLLING STOCK - S-BAHN MUENCHEN
    BAYERISCHE EISENBAHNGESELLSCHAFT MIT BESCHRAENKTER HAFTUNG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 800 million
    EUR 2300 million
    Location
    Sector(s)
    Description
    Objectives

    Acquisition of about 110 new high capacity electric multiple units (EMUs) for S-Bahn Muenchen to replace life-expired vehicles, in support of an ongoing public transport capacity extension programme.

    The project consists of the financing of the acquisition of new rolling stock (electric multiple units, or EMUs) estimated at about 110 vehicles and associated equipment for a public service contract to operate the rail passenger services on the S-Bahn network of Munich, Bavaria. The new fleet will complement the service improvements enabled by significant infrastructure works, in particular the enhancement of the tunnel through the city centre and the refurbishment of five sizeable stations. Together, these will allow increasing the service frequency and train length.

    Environmental aspects
    Procurement

    The investment proposed under the project does not fall under either Annex I or Annex II of the Environmental Impact Assessment Directive 2011/92/EU (as amended by Directive 2014/52/EU) as manufacturing and use of rail rolling stock is not included in either list. The need for an environmental impact assessment (EIA) and/or assessment according to the Habitats Directive 92/43/EEC for associated facilities (e.g. maintenance workshops or depots), not included in the investment proposed but needed for the correct operation of the new rolling stock, will be analysed during the appraisal. Arrangements for the replacement or decommissioning of old rolling stock will be reviewed during appraisal. All else equal, the project is expected to have a positive environmental impact by contributing to modal shift from road to railways.

    The Bank will require the Promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation, 2014/25/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 Official Journal of the EU, as and where required.

    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) - GERMAN ROLLING STOCK - S-BAHN MUENCHEN
    Publication Date
    6 Jan 2021
    Document language
    Main Topic
    Lending
    Document Number
    130889407
    Document Focus
    Environmental Information
    Project Number
    20200105
    Sector(s)
    Regions
    Countries
    Publicly available
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