Release date: 28 June 2010
Promoter – Financial Intermediary
Eurostar International Limited
Location
Description
Purchase of 10 high speed trainsets, each with a seating capacity of 850+ passengers, intended to replace existing trains on Eurostar’s London-Paris and London–Brussels routes, and technically capable also of operating on other high speed rail lines in Europe. Services operated by Eurostar are on the TEN-T network.
Objectives
The project will increase the reliability, efficiency and quality of rail services, and thereby promote sustainable transport solutions in line with broader EU objectives in areas such as energy efficiency and climate change.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 270 million
Total cost (Approximate amount)
To be determined.
Environmental aspects
The manufacture of rolling stock does not fall under either Annex I or Annex II of the Environmental Impact Assessment (EIA) Directive 85/337EEC as modified. During appraisal, the Bank shall review the energy and noise specifications of the new rolling stock.
Procurement
Applicability and compliance with the procurement Directive 2004/17/EC will be examined during appraisal.
Status
Signed - 12/07/2011
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).