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Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Italy : € 50,000,000
Transport : € 50,000,000
Signature date(s)
22/12/2017 : € 50,000,000
Link to source

Summary sheet

Release date
3 November 2017
Status
Reference
Signed | 22/12/2017
20170464
Project name
Promoter - financial intermediary
FNM NEW REGIONAL ROLLING STOCK
FNM SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
EUR 100 million
Location
Sector(s)
Description
Objectives

Acquisition of 10 new trainsets for operation of regional services in Lombardy (Italy) and cross-border regional services between Lombardy and Ticino (Switzerland).

The project will contribute to increasing the quality of passenger rail services in Lombardy and cross-border between Lombardy and Ticino. The new rolling stock is expected to allow more efficient operation, reduce maintenance costs, lower energy consumption and increase the level of comfort for passengers. Indirectly, by improving services, rolling stock renewal will help railways compete with other modes, particularly private vehicles, so as to maintain or improve its modal share. Shifting passenger flows from other modes to rail may result in reduced vehicle operation costs, safety and environmental benefits.

Environmental aspects
Procurement

The project consists of acquisition of rolling stock, which is out of the scope of the Environmental Impact Assessment Directive (2011/92/EU), the Habitats Directive (92/43/EEC) and Birds Directive (2009/147/EC). No associated facilities are planned to be built; this will be confirmed at the appraisal. The project will promote a modal shift from road to rail and, therefore, generate environmental and safety benefits.

The Bank will require the promoter to ensure that contracts for the implementation of the project have been tendered in accordance with the relevant 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 Official Journal of the EU (OJEU), as and where required.

Link to source
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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).

Documents

Environmental and Social Data Sheet (ESDS) - FNM NEW REGIONAL ROLLING STOCK
Publication Date
23 Jan 2018
Document language
Main Topic
Lending
Document Number
78953081
Document Focus
Environmental Information
Project Number
20170464
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - FNM NEW REGIONAL ROLLING STOCK
Publication Date
27 Jul 2023
Document language
Main Topic
Lending
Document Number
169597739
Document Focus
Environmental Information
Project Number
20170464
Sector(s)
Regions
Countries
Publicly available
Download now

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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