| Project Detail |
The Lending Envelope comprises the acquisition of new railway rolling stock and associated maintenance infrastructure and equipment to operate regional rail passenger services in several areas in Germany and the Czech Republic under public service contracts, and using project finance structures.
Objectives
The Lending Envelope comprises three German Rolling Stock operations. Where successful, these operations will finance new rolling stock for regional railway services ("Schienenpersonennahverkehr" or SPNV) under competitively tendered Public Sector Contracts (PSCs) in Germany and partly the Czech Republic. Their shared characteristics include, amongst others: use of locally emission free trainsets, public guarantees to support the debt required to finance the new trains, providing a level playing field for all bidders for the subsequent PSC periods and cooperation with public transport authorities with significant experience and expertise in this field.
Sector(s)
Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 669 million
Total cost (Approximate amount)
EUR 1338 million |
