Release date: 10 March 2014
Promoter – Financial Intermediary
ZWECKVERBAND VERKEHRSVERBUND RHEIN-RUHR ZWECKVERBAND NAHVERKEHR WESTFALEN-LIPPE ZWECKVERBAND SCHIENENPERSONENNAHVERKEHR RHEINLAND-PFALZ NORD NAHVERKEHR RHEINLAND GMBHLocation
Description
Financing of new rolling stock for a high density schedule and fast regional rail system in the densely populated Rhein-Ruhr region.
Objectives
The project will accommodate growing demand, improve the quality and attractiveness of rail transport in this densely urbanised region and provide conditions for modal shift. It will contribute to the reduction of accidents, pollution and CO2 emissions.
Comments
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 450 million
Total cost (Approximate amount)
EUR 950 million
Environmental aspects
Rolling stock manufacture is outside the scope of application of either Annex I or Annex II of EIA Directive 2012/92/EU. During appraisal, the Bank will check compliance of the technical specifications of the rolling stock concerning noise and energy efficiency requirements in particular. Arrangements for the disposal of obsolete rolling stock will also be investigated.
Procurement
The Bank will check that contracts for the implementation of the project have been tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and 2007/66/EC) with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 10/12/2014
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).