Release date: 15 May 2006
Promoter – Financial Intermediary
Network Rail Infrastructure Limited
40 Melton Street
London NW1 2EE
Contact - Mr. T. Winter, Head of Treasury Operations
Location
Description
Infrastructure investments to provide capacity enhancement, operational improvements and to ensure continued safety across the rail network. Core elements include investment in the Trent Valley section of the West Coast Main Line, remodelling of Rugby and Nuneaton stations, and power supply upgrades in South London, Wessex, Sussex and Kent.
Objectives
Improved capacity to meet growing demand for rail transport, particularly four-tracking of sections of the Trent Valley route to remove a major bottleneck and facilitating the introduction of new rolling stock in the South East through power supply upgrading. Improved operational efficiency and safety, particularly from infrastructure replacement and remodelling, and signalling development and replacement.
Comments
Railway infrastructure.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to GBP 300 million
Total cost (Approximate amount)
Approximately GBP 1 200 million
Environmental aspects
NRIL follows a corporate environmental policy which includes applicable national and EU legislation. The procedures will be verified during appraisal.
Procurement
NRIL is subject to EU procurement Directives. The application of the directives will be verified during appraisal.
Status
Signed - 9/11/2006
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).