Release date: 25 July 2008
Promoter – Financial Intermediary
AAE Cargo AGLocation
Description
The project concerns the acquisition of a fleet of some 5,000 new rail freight wagons.
Objectives
This new fleet will complement AAE's existing fleet of rail freight wagons of approximately 25,000 wagons.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 120 million.
Total cost (Approximate amount)
EUR 300 million.
Environmental aspects
The provision of improved rail freight services is expected to attract freight transport away from the roads. This would be environmentally beneficial as it reduces energy consumption, road congestion, noise and pollution and increases transport safety. The project should not have a negative impact on the environment.
Procurement
The promoter is a privately owned company which leases its wagons to companies in the EU and CEE. As a private company, AAE is not subject to EU procurement directives.
Status
Signed - 12/06/2009
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).