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    Signature(s)

    Amount
    € 500,000,000
    Countries
    Sector(s)
    Italy : € 500,000,000
    Transport : € 500,000,000
    Signature date(s)
    7/12/2023 : € 500,000,000
    Link to source

    Summary sheet

    Release date
    12 October 2023
    Status
    Reference
    Signed | 07/12/2023
    20230281
    Project name
    Promoter - financial intermediary
    FS TRENITALIA GREEN BOND
    TRENITALIA SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 500 million
    EUR 1346 million
    Location
    Sector(s)
    Description
    Objectives

    The project will finance the purchase of 102 new electric multiple units (EMUs), for regional rail services in Campania and Lazio, as well equipping these vehicles with European Rail Traffic Management System (ERTMS).

    The aim is to replace life expired units which will be taken out of service and scrapped. The rolling stock will be in conformity with the applicable Technical Specifications for Interoperability (TSI). The services will be operated under Public Service Contracts (PSCs) with the regions. The PSCs for Campania and Lazio were directly awarded to Trenitalia for 2019-2033 and 2018-2032 respectively.

    Environmental aspects
    Procurement

    The project will have a positive environmental impact by helping the railways to maintain modal share in key sections of the passenger market that are most appropriately met by rail. The project does not fall under either Annex I or Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU (amended by Directive 2014/52/EU). Any need for an EIA and/or Habitats Directive regarding the related facilities (e.g. maintenance workshops or depots) will be analysed during the appraisal. Any scrapping process of the replaced stock will also be checked during appraisal. The rolling stock will comply with the applicable Technical Specifications for Interoperability (TSI), including the Regulation 2014/1300 on the technical specifications for interoperability relating to accessibility of the Union's rail system for persons with disabilities and persons with reduced mobility (PMR).

    The promoter has to ensure that contracts for the implementation of the project have been tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/25/EU or Directive 2004/17/EC, where applicable, as well as Directive 92/13/EEC, as interpreted by the EU Court of Justice (OJEU), with publication of tender notices in the OJEU, as and where required. The contracts for the supply of rolling stock have already been placed. The call for competition and award notices were published in the OJEU (2015/S 147-272253, 2016/S 152-276413 and 2021/S 181-471957).

    Milestone
    Under appraisal
    Approved
    Signed
    16 November 2023
    7 December 2023
    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) - FS TRENITALIA GREEN BOND
    Publication Date
    22 Nov 2023
    Document language
    Main Topic
    Lending
    Document Number
    171666261
    Document Focus
    Environmental Information
    Project Number
    20230281
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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