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    Signature(s)

    Amount
    € 153,750,000
    Countries
    Sector(s)
    Germany : € 153,750,000
    Transport : € 153,750,000
    Signature date(s)
    22/05/2025 : € 21,250,000
    5/06/2018 : € 132,500,000

    Summary sheet

    Release date
    1 June 2017
    Status
    Reference
    Signed | 05/06/2018
    20170020
    Project name
    Promoter - financial intermediary
    RHEIN-NECKAR-TRAM 2020
    Rhein-Neckar-Verkehr GMBH
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 154 million
    EUR 265 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the renewal of part of the tramway fleet of operator Rhein-Neckar-Verkehr GmbH (RNV), providing public transport services in the Rhine-Neckar region around the cities of Heidelberg, Mannheim and Ludwigshafen am Rhein, straddling the Federal States of Baden-Württemberg, Rhineland-Pfalz and Hessen in Germany.

    The project aims to enable sustainable and resource-efficient transport by improving comfort and energy efficiency and reducing noise emissions thanks to the replacement of old trams with new and better tram rolling stock.

    Environmental aspects
    Procurement

    The construction of the new tram rolling stock does not fall within the scope of the Environmental Impact Assessment (EIA) Directive since it will take place in the manufacturer's plants. If the project includes the construction of depots, then compliance with the EIA Directive will be assessed and, if needed, the Bank's loan will be conditional to obtaining the necessary environmental screening decisions, approvals or permits. The project is expected to deliver positive environmental benefits thanks to the new trams' improved energy efficiency.

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/24/EU, as well as Directives 89/665/EEC and 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 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) - RHEIN-NECKAR-TRAM 2020
    Publication Date
    16 Nov 2017
    Document language
    Main Topic
    Lending
    Document Number
    76505760
    Document Focus
    Environmental Information
    Project Number
    20170020
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links

    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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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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