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    Summary sheet

    Release date
    13 March 2025
    Status
    Reference
    Approved | 15/05/2025
    20240833
    Project name
    Promoter - financial intermediary
    MODAL SHIFT AND INNOVATIVE ROLLING STOCK II
    FREISTAAT BAYERN
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 1250 million
    EUR 2500 million
    Location
    Sector(s)
    Description
    Objectives

    The operation is the second Lending Envelope for the acquisition of new railway rolling stock, related maintenance infrastructure and equipment to operate regional rail passenger services in several areas in Germany under public service contracts, using project finance structures.

    The aim is to increase the supply and quality of the passenger transport services aswell as promote travel by rail, thus reducing the use of road transport and the associated negative impacts on the local environment, road safety and greenhouse gas emissions. In line with the EU objectives, the project promotes sustainable transport.

    Environmental aspects
    Procurement

    The project consists of the acquisition of new rolling stock. Acquisition of rollingstock is out of the scope of the Environmental Impact Assessment (EIA) Directive(2011/92/EU as amended by 2014/52/EU), the Habitats Directive (92/43/EEC) and Birds Directive (2009/147/EC). By promoting the modal shift from road to rail, the project will generate environmental benefits.

    The promoter shall 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 89/665/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.

    Milestone
    Under appraisal
    Approved
    15 May 2025

    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) - MODAL SHIFT AND INNOVATIVE ROLLING STOCK II
    Publication Date
    20 May 2025
    Document language
    Main Topic
    Lending
    Document Number
    241261426
    Document Focus
    Environmental Information
    Project Number
    20240833
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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