MERSEYTRAVEL ROLLING STOCK PROGRAMME (EIB-20120256)

Countries
  • United Kingdom
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 29, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
MERSEYTRAVEL
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 257.07 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 245 million (GBP 190 million)
Converted using 2016-12-29 exchange rate.
Project Cost (USD)
$ 541.43 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 516 million (GBP 400 million)
Converted using 2016-12-29 exchange rate.
Bank Documents
Primary Source

Original disclosure @ EIB website

Updated in EWS Jun 27, 2017

Disclosed by Bank Mar 15, 2016

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Project Description
The project consists of the acquisition of electrically powered rolling stock for use on Merseytravel's network in Merseyside, Cheshire and West Lancashire in the northwest of England together with associated upgrades to the railway's infrastructure and maintenance depots.
Investment Description

Contact Information
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