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    Reference: 20150048
    Release date: 1 June 2015

    Promoter – Financial Intermediary

    SNCF MOBILITES

    Location

    Description

    The project consists of the purchase of rolling stock through SNCF for a number of French regions, for use in regional services on the rail network in their territories.

    Objectives

    The new rolling stock will replace the existing rolling stock at the end of its economic life, and will also provide additional capacity for regional rail passenger services.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 650 million

    Total cost (Approximate amount)

    EUR 1300 million

    Environmental aspects

    Rolling stock manufacturing is outside the scope of application of either Annex I or Annex II of Directive 2012/92/EU on environmental impact assessment (EIA). 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 and, where necessary, compliance with EU environmental legislation of the construction or refurbishment of maintenance depots will also be investigated.

    Procurement

    The project is implemented by a contracting entity subject to public procurement rules. The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation, with publication of tender notices in the EU Official Journal, as and where required.

    Status

    Approved - 22/09/2015

    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

    France Transport