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    Reference: 20150470
    Release date: 13 August 2015

    Promoter – Financial Intermediary

    LAND BADEN-WUERTTEMBERG

    Location

    Description

    Investment into rolling stock for Stuttgarter Netz in Baden-Württemberg (network 1). This is a sub-operation under a programme loan for rolling stock and related infrastructure for local and regional public transport in Baden-Württemberg. The project will be carried out by SFBW (Landesanstalt Schienenfahrzeuge Baden-Württemberg).

    Objectives

    The new rolling stock will improve public transport services in the Stuttgart region (Stuttgarter Netz). More passengers should be attracted to public transport, resulting in improvements in overall mobility whilst reducing the adverse impacts of transport on the environment.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 250 million

    Total cost (Approximate amount)

    EUR 531 million

    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. It is not clear yet if any depots are necessary at this stage. As an associated facility, new depots might be necessary. These could fall under Annex II of the EIA Directive, and therefore may be subject to an EIA procedure. German law requires complying with Directive 92/2011/EC, as amended, to obtain building permits for such elements. If construction of new facilities will be required, then the promoter undertakes to inform the Bank on environmental compliance by submitting a copy of the environmental decision and the non-technical summary of the EIA (if applicable), as well as evidence that the requirements of the EU Habitats Directive 92/43/EC and the EU Birds Directive 79/409/EC have been fulfilled (form A/B or equivalent document to the satisfaction of the Bank) – if applicable.

    Procurement

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been and shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required. Network 1 is published under 2014/S 124-220981, d.d. 2.7.2014.

    Status

    Signed - 6/11/2015

    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).

    Related tags

    Germany Transport