Release date: 28 March 2025
Promoter – Financial Intermediary
AZIENDA MOBILITA E TRASPORTI SPALocation
Description
The project will finance the following investments for Genova's urban and suburban public transport services: (i) acquisition of 152 electric buses (ii) Installation of the associated charging infrastructure in five existing depots/terminals (iii) construction of 3 new depots for electric vehicles
Objectives
The aim is to support the renewal and energy transition of the bus fleet towards full electrification, while enhancing the attractiveness of the public transport offering. This is expected to reduce operating costs and improve environmental performance, particularly by lowering air and noise pollution and reducing greenhouse gas emissions.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 40 million
Total cost (Approximate amount)
EUR 106 million
Environmental aspects
The construction of the 3 new depots, falls under annex II of the Directive 2011/92/EU as amended by Directive 2014/52/EU. Based on a risk-based approach as defined in the EIBG E&S Policy, the requirements of the Environmental Impact Assessment (EIA) Directive 2011/92/EU (as amended by EIA Directive 2014/52/EU), Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC will be checked during appraisal. Manufacturing of rolling stock and the installation of the associated charging infrastructure inside the footprint of the existing depots does not fall within the scope of the Directive 2011/92/EU as amended by Directive 2014/52/EU. Therefore, no EIA is required for these components.
Procurement
The promoter shall ensure that contracts for implementation of the project will be 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 - 14/03/2025
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).