KOLEJE MAZOWIECKIE ROLLING STOCK (EIB-20160267)

Countries
  • Poland
Where the impacts of the investment may be experienced.
Specific Location
Mazowieckie Region, Sochaczew and Radom
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
Jul 24, 2017
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
KOLEJE MAZOWIECKIE KM SP ZOO
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 Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 135.01 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 116 million
Converted using 2017-07-24 exchange rate.
Loan Amount (USD)
$ 135.01 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 116 million
Converted using 2017-07-24 exchange rate.
Project Cost (USD)
$ 538.87 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 463 million
Converted using 2017-07-24 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Feb 16, 2018

Disclosed by Bank Jan 31, 2017


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Project Description

According to EIB website, this project involves the purchase of up to 71 electric multiple units (EMUs) to be used in Mazowieckie Region, as well as construction and modernisation of maintenance depots in Sochaczew and Radom. The project is a framework loan and is expected to consist of several components in Mazowieckie Region in Poland, indicatively including: purchase of 10 2-car electric multiple units (EMU); purchase of up to 61 5-car EMUs; the construction of the depot in Radom for the new 10 2-car EMUs; and the extension and modernisation of the depot in Sochaczew. 

The final scope is to be agreed during appraisal. The project represents the replacement (by purchase) of a significant share of the promoter's overall fleet of 243 EMUs (150 new or modernised units, 93 to be replaced or modernised). The project assets will be operated within the context of a Public Service Contract(s) awarded under Regulation 1370/2007 on public passenger transport services by rail and by road.

This project is acceptable for EIB financing from an environmental and social perspective.

Investment Description
  • European Investment Bank (EIB)
Contact Information

No contact information provided at the time of disclosure.

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