FRANKFURT SUSTAINABLE AIRPORT INVESTMENTS

Promoter – Financial Intermediary

Not disclosed.

Location

• Germany

Description

The scope of the project consists of the renovation of the Terminal 1 complex, electrification of airport ground handling operations and other decarbonisation measures. Works consist of: i) renovation of Terminal 1 services building; ii) renovation of the utilities' equipment and plants in Terminal 1, in operation since 1972, iii) installation of electric vehicle charging points in the airside area; iv) acquisition of a fleet of electric ground handling equipment and (airside) vehicles; and v) replacement of existing lighting systems by LED lighting in buildings and on the aircraft parking apron, and vi) installation of photovoltaic panels.

Objectives

Upgrade of existing infrastructure and utility networks and contribution to the company's decarbonisation plan, aiming to decrease carbon emissions to reach the "Net Zero" Emissions by the end of 2045.

Sector(s)

• Transport - Transportation and storage

Proposed EIB finance (Approximate amount)

not disclosed

Total cost (Approximate amount)

not disclosed

Environmental aspects

A number of components included in this project might fall under Annex II of Directive 2011/92/EU amended by the Directive 2014/52/EU (EIA Directive), meaning that the Competent Authority makes the decision as to whether a formal environmental impact assessment (EIA) is required or not. This, and the status of any existing development consents, will be reviewed and assessed during project appraisal.

Procurement

The Bank will require the promoter to ensure that contracts for implementation of the project have been tendered in accordance with the applicable EU procurement legislation: Directive 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 EU Official Journal, as and where required.

Status

Under appraisal - 20/03/2024