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Reference: 20240310
Release date: 6 November 2024

Promoter – Financial Intermediary

LANDESANSTALT SCHIENENFAHRZEUGE SCHLESWIG-HOLSTEIN - ZUG.SH

Location

Description

The project consists of acquisition of 42 new electric trains by the state of Schleswig-Holstein in Germany. The electric trains will operate on regional railway lines in Schleswig-Holstein and the neighbouring federal State of Hamburg, as well as the bordering country of Denmark.

Objectives

The aim is to increase the supply and quality of the passenger transport services as well as promote travel by rail, thus reducing the use of road transport and the associated negative impacts on the local environment, road safety and greenhouse gas emissions. In line with the EU objectives, the project promotes sustainable transport.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 250 million

Total cost (Approximate amount)

EUR 625 million

Environmental aspects

The project consists of the acquisition of new rolling stock. Acquisition of rolling stock is out of the scope of the Environmental Impact Assessment (EIA) Directive (2011/92/EU as amended by 2014/52/EU), the Habitats Directive (92/43/EEC) and Birds Directive (2009/147/EC). By promoting the modal shift from road to rail, the project will generate environmental benefits.

Procurement

The Promoter has to ensure that contracts for the implementation of the project have been tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/24/EU, as well as Directive 89/665/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 for the manufacturing and subsequent maintenance of the vehicles was awarded to Alstom Transport Deutschland GmbH in September 2023, reference EU-TED: 2023/S 175-550146.

Status

Under appraisal - 12/06/2024

Milestone
Under appraisal

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