Original disclosure @ EIB website
Updated in EWS Dec 17, 2020
Disclosed by Bank Dec 2, 2020
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According to the bank website, the project is about the retrofit of around 95 pieces of rolling stock with European Train Control System (ETCS) on-board units, including eight prototypes.
The investments proposed under the project do not fall under either Annex I or Annex II of the Environmental Impact Assessment Directive 2011/92/EU as amended by Directive 2014/52/EU as manufacturing and use of rail rolling stock is not included in either list. The need for an environmental impact assessment (EIA) and/or assessment according to the Habitats Directive for associated facilities (e.g. maintenance workshops or depots) will be analysed during the appraisal. All else equal, the project is expected to have a positive environmental impact by helping the railways to maintain modal share in key sections of the passenger market that are most appropriately met by rail.
Project contacts not available at the time of disclosure.
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