DIESELNETZ ULM ROLLING STOCK LEASING (EIB-20170328)

Countries
  • Germany
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
Sep 19, 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
BAYERISCHE EISENBAHNGESELLSCHAFT (BEG)
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)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ EIB website

Updated in EWS Jan 31, 2018

Disclosed by Bank Jul 3, 2017


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Project Description

According to EIB website, the project is consists of acquiring new rolling stock (up to 30 diesel rail vehicles) and associated equipment for a concession to operate the rail passenger services in the city region of Ulm, Germany. The project will help to maintain and may improve the public transport service on the diesel network around Ulm in Germany. The project will contribute to public transport competitiveness and attractiveness, thus preventing a modal shift towards private transport, and improve commuting and mobility in the region. The project is in line with the key EU objectives of protection and enhancement of the urban environment and creation of sustainable cities and communities.

Loan amount is not disclosed.

Investment Description
  • European Investment Bank (EIB)
Contact Information

No contact information provided at the time of disclosure.

 

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