Release date: 31 August 2020
Promoter – Financial Intermediary
TOTAL MARKETING SERVICES SASLocation
Description
The project concerns the deployment of an Electric Vehicle Charging (EVC) infrastructure network of 500 High Power Charging stations (HPC) across France, Germany, Belgium, the Netherlands and Luxembourg, over a 5-year period from 2019 until end of 2023. The infrastructure will consist of high power charging stations from 150kW up to 350kW. The charging stations will be public with open access and located on existing service station sites, along the TEN-T network.
Objectives
The project will contribute to accelerate the transition towards lower carbon transport vehicles.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 80 million
Total cost (Approximate amount)
EUR 194 million
Environmental aspects
The project components consist of connections to the distribution grid networks and the respective charging stations. They are expected to have limited environmental impact, which will typically be related to noise nuisance and disturbance during construction. After completion, no environmental impact is expected from the ordinary operation of the stations. No environmental impact assessment is required for the project, as it does not fall under either Annex I or Annex II of the EU EIA Directive. EV infrastructure in itself is not subject to environmental impact assessment processes under either Annex I or Annex II of the EIA Directive. However, the building of green field parking locations where the EV infrastructure is installed and/or connections to the grid may be screened in under Annex II. The Bank will require in those cases to be informed of the screening decision from Competent Authority. The project is expected to have a positive effect on the environment. The project will power electric vehicles with no emissions of pollutants and hence will contribute to meet air quality standards as set out by the European Union (EU) and the World Health Organization (WHO). The project will also contribute to reduce road transport noise pollution, as electronic vehicles (EV) are also much quieter than conventional vehicles. Finally, the project will have a significant impact on CO2 emissions reduction that will result from the replacement of conventional cars operating on fossil fuels with electric cars powered by less carbon-intensive electricity.
Procurement
The promoter has been assessed by the EIB as being a private company and hence not being subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation Directive 2014/25/EU, then the Bank would require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation 2014/25/EU as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.
Status
Signed - 29/06/2020
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).