Reference: 20100277
Release date: 18 October 2010

Promoter – Financial Intermediary

Ostdeutsche Eisenbahn GmbH

Location

Description

The project concerns the purchase of 16 electrical and 7 diesel train sets by a privately owned operator to service selected regional passenger rail services in Berlin and Brandenburg in Germany

Objectives

Increase of availability and service quality of passenger railway transports in Berlin-Brandenburg.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 58 million.

Total cost (Approximate amount)

EUR 146 million.

Environmental aspects

The proposed project does not fall under either Annex I or Annex II of the Environmental Impact Assessment directive 85/337/EEC as rail rolling stock is not included in either list. The provision of improved rail passenger services is expected to help in the modal shift for passenger transport from road to rail. On a passenger km basis, rail has significant energy saving, emission reductions and safety improvements if compared to other transport modes. Rail transport may also improve noise level on aggregate basis. As a consequence, the project is expected to have a positive impact on the environment. Compliance with environmentally friendly design standards and other potential environmental matters will be appraised in detail during the mission.

Procurement

The Promoter is subject to and follows EU procurement procedures including publication in the EU Official Journal (in this particular case, Directive 2004/17/CE). All contracts over the relevant EU Directives thresholds have been or will be put out to international tendering.

Status

Under appraisal - 18/10/2010

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Germany Transport