Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20150649
    Release date: 20 November 2015

    Promoter – Financial Intermediary

    ZWECKVERBAND VERKEHRSVERBUND RHEIN-RUHR

    Location

    Description

    Financing of new rolling stock in the densely populated Ruhr region

    Objectives

    The project consists of the purchase of around 40 electric trains mainly to be used for increased services. The trains will be used on the S-Bahn (suburban trains) Network 2. This network serves amongst others the cities of Dortmund, Duisburg, Essen, Gelsenkirchen and Oberhausen.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 175 million

    Total cost (Approximate amount)

    EUR 350 million

    Environmental aspects

    Manufacture of the new train sets will take place in the manufacturer's plant and does not fall within the scope of the Environmental Impact Assessment (EIA) Directive 2011/92/EU; therefore no EIA is required. Compliance with applicable EU directives will be checked as required according to the final scope and procedures for the scrapping/disposal of the old rolling stock, if any.

    Procurement

    The promoter is subject to and follows public procurement rules according to EU regulations. 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 (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.
    The contract notice for the supply contract for the trainsets has been published in the Official Journal of the EU (OJEU 2015/S 132-243416). The procurement process followed for these trains, and also for the other project components, will be reviewed during appraisal.

    Status

    Signed - 13/04/2016

    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