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    Reference: 20200141
    Release date: 26 April 2021

    Promoter – Financial Intermediary

    MAGDEBURGER VERKEHRSBETRIEBE GMBH & CO KG

    Description

    Acquisition of 27 new tram vehicles and reconstruction of a tramway depot replacing the existing old facility at the same location and renewing its equipment.

    Objectives

    The objective of the project is to maintain the competitiveness and attractiveness of public transport in the city of Magdeburg and to reduce reliance on private cars.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    not disclosed

    Total cost (Approximate amount)

    EUR 251 million

    Environmental aspects

    The manufacturing of the new tram rolling stock does not fall within the scope of Directive 2014/52/EU amending the EIA Directive 2011/92/EU, since it will take place in the existing manufacturer's plants. Therefore, no environmental impact assessment (EIA) is required for the tram rolling stock. Following the decision of the competent authority, an EIA was required and has been prepared for the (re)construction of the depot (Betriebshof Nord) in 2015 aligned with Directive 2014/52/EU amending the EIA Directive 2011/92/EU. Compliance of the project components (including associated infrastructure and facilities) with EU Directives on the environment, including the SEA Directive 2001/42/EC, the EIA Directive, the Habitats Directive, the Natura 2000 and the Birds Directive will be further assessed during appraisal. Compliance with EU Directive on Energy Performance of Buildings and arrangements for the scrapping of the replaced stock will be further assessed during appraisal. Contributing to increasing the modal share of public transport, the project is expected to have a positive environmental impact and will contribute to reducing greenhouse gas emissions.

    Procurement

    The Bank will require the Promoter to ensure that contracts for implementation of the project have been and will be tendered in accordance with the 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. A contract notice for the purchase of tramway passenger coaches was published on 15 July 2020 in the Official Journal of the European Union.

    Status

    Approved - 25/06/2021

    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

    Transport