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    Signature(s)

    Amount
    € 39,000,000
    Countries
    Sector(s)
    Spain : € 39,000,000
    Transport : € 39,000,000
    Signature date(s)
    26/04/2019 : € 39,000,000

    Summary sheet

    Release date
    4 April 2019
    Status
    Reference
    Signed | 26/04/2019
    20180473
    Project name
    Promoter - financial intermediary
    VALENCIA CLEAN URBAN TRANSPORT FLEET RENEWAL
    EMPRESA MUNICIPAL DE TRANSPORTES DE VALENCIA SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 39 million
    EUR 80 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns: (i) the renewal of part of Valencia's urban public bus transport fleet, (ii) the construction of related infrastructure, such as onboard IT systems and vending machines, (iii) works in Sant Isidre Depot to improve the quality of services, namely in the workshop as well as the construction of a new vehicle compound/car park. The project falls within the Clean Urban Transport Programme Loan Spain (2018-0060) approved by the Board of Directors on July, 17th 2018, to support both public and private promoters operating under a public service contract responsible for transport of passengers in urban areas in Spanish municipalities.

    The renewal and improvement of bus public transport including the deployment of cleaner technology will contribute to reduce pollution and promote low-carbon transport. In addition, the investments will have the capacity to improve the quality of public transport service, helping thus to reduce reliance on private cars and maintain or increase public transport share. The project therefore contributes to sustainable transport and climate change mitigation, in line with the EIB's Transport Lending Policy and the EU's and EIB's objectives on Climate Action.

    Environmental aspects
    Procurement

    The manufacturing of rolling stock (buses), software and IT systems for bus operation and charging stations do not fall within the scope of the Environmental Impact Assessment (EIA) Directive 2011/92/EC amended by Directive 2014/52/EU. Therefore, no EIA will be required for these components. The Bank will request, after project completion, information from the Promoter on the disposal of the buses to be replaced. The works in Sant Isidre Depot to improve the quality of the services (namely improvement works in the workshop and the construction of a new vehicle compound/car park) correspond to an adaptation of an existing depot. The adaptation of existing depots for the vehicles falls under Annex II of the EIA Directive 2011/92/EC amended by Directive 2014/52/EU. This component has been screened out since the adaptations of Sant Isidre Depot will take place inside the existing facilities and no land acquisition is required.

    The Bank will require the Promoter to ensure that contracts for the implementation of the programme have been and will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/24/EU and/or 2014/25/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 EU Official Journal, as and where required.

    Related projects

    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) - VALENCIA CLEAN URBAN TRANSPORT FLEET RENEWAL
    Publication Date
    11 May 2019
    Document language
    Main Topic
    Lending
    Document Number
    85766608
    Document Focus
    Environmental Information
    Project Number
    20180473
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - VALENCIA CLEAN URBAN TRANSPORT FLEET RENEWAL
    Publication Date
    28 Nov 2024
    Document language
    Main Topic
    Lending
    Document Number
    190577243
    Document Focus
    Environmental Information
    Project Number
    20180473
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - CLEAN URBAN TRANSPORT PROGRAMME LOAN SPAIN
    Publication Date
    21 Sep 2018
    Document Language
    English
    Main Topic
    lending
    Document Number
    86559327
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20180060
    Last update
    21 Sep 2018
    Sector(s)
    Transport
    Countries
    Spain
    Publicly available
    Download now

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