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Summary sheet

Release date
24 July 2025
Status
Reference
Under appraisal | 02/06/2025
20240250
Project name
Promoter - financial intermediary
BVG ELECTRIC BUS DEPOTS BERLIN
BERLINER VERKEHRSBETRIEBE (BVG) AOER
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 480 million
Location
Sector(s)
Description
Objectives

The project will finance the construction of a new electric bus depot and the conversion of two existing bus depots into electric bus depots in the metropolitan area of Berlin.

The Promoter is the "Berliner Verkehrsbetriebe" (BVG), the Public Sector Entity (PSE, or "Anstalt öffentlichen Rechts") that is in charge of the public transport system in the city of Berlin. In 1994, the BVG was transformed into an institution under public law; since then, it has been 100% owned and controlled by the State of Berlin. The strong control exerted by the Land Berlin over BVG is also underlined by the explicit recognition of the public mission pursued by BVG. The Land has strong influence on governance and regulatory aspects as it decides and sets the tariffs according to the regulatory framework. BVG operates the buses, trams and underground in the city of Berlin as a monopolist based on a public service contract with the city. This is an essential public service and in turn a compulsory responsibility of the Land. BVG is one of the largest public transport operators of Germany.

Environmental aspects
Procurement

Based on a risk-based approach as defined in the EIB Group environmental and social policy, the requirements of the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended by Directive 2014/52/EU, Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC will be checked during appraisal. Climate adaptation and flooding will be reviewed during appraisal.

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. Information on awarded main suppliers/contractors for the implementation of the envisaged operation is not available.

Milestone
Under appraisal
Link to source

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).

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.

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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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