MATERIEL ROULANT TOULOUSE TRANSPORTS URBAINS (EIB-20220623)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • France
Geographic location where the impacts of the investment may be experienced.
Specific Location
Toulouse
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jul 22, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
SMTCAT TISSEO COLLECTIVITES
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 79.82 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 68
Converted using 2025-07-22 exchange rate.
Loan Amount (USD)
$ 79.82 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 68 million
Converted using 2025-07-22 exchange rate.
Project Cost (USD)
$ 159.64 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 136 million
Converted using 2025-07-22 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Sep 16, 2025

Disclosed by Bank May 23, 2025


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the information provided by the EIB (translated with DeepL.com), the project will finance the acquisition of 15 new trains for lines A and B of the Toulouse light rail system.

The project supports the Toulouse metropolitan area's sustainable mobility strategy in line with the latest Urban Transport Plan, which aims to reduce the modal share of cars in favor of public transport, and the Regional Climate, Air, and Energy Plan. The project is part of a sustainable development approach, improving public transport accessibility in the metropolitan area, particularly to employment centers and facilities served by public transport. As a result, the project should encourage modal shift and reduce dependence on private cars, while limiting the associated environmental nuisances and promoting the economic and social efficiency of the public transport network.

As a contracting authority, the Toulouse metropolitan area public transport authority (Tisséo Collectivités) must comply with the public procurement procedures laid down in the applicable European legislation on public procurement, in particular Directive 2014/25/ EU, as well as Directive 92/13/EEC or Directive 89/665/EEC as interpreted by the Court of Justice of the EU.

ORIGINAL VERSION:

Le projet financera l'acquisition de 15 nouvelles rames pour les lignes A et B du métro léger toulousain.

L'opération soutient la stratégie en matière de mobilité durable de l'agglomération toulousaine en accord avec le dernier Plan de Déplacements Urbain, qui vise à une diminution de la part modale de la voiture en faveur des transports en commun, et du Plan Climat Air Energie territorial.
Le projet s'inscrit dans une démarche de développement durable en améliorant l'accessibilité en transport collectif de l'agglomération et en particulier des pôles d'emploi et des équipements desservis.
Par conséquent, le projet devrait favoriser le transfert modal et réduire la dépendance à l'égard des voitures particulières, tout en limitant les nuisances environnementales qui y sont associées et en favorisant l'efficacité économique et sociale du réseau de transport en commun.

En tant qu'entité adjudicatrice, le syndicat mixte de transports en commun de l'agglomération toulousaine (Tisséo Collectivités) doit se conformer aux procédures de passation des marchés publics prévues par la législation européenne applicable en matière de marchés publics et en particulier la directive 2014/25/EU, ainsi que la directive 92/13/CEE ou la directive 89/665/CEE telle qu'interprétée par la Cour de justice de l'UE.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated by Bloomberg, Tisseo Collectivites Smtcat provides mobility services. The Company offers transport service while promoting the use of soft mobility such as walking, cycling, and carpooling. Tisseo Collectivites Smtcat serves customers in France and it's the metropolitan area public transport authority in Toulouse.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Tisseo Collectivites Smtcat SM Client Transport

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

No project contacts provided at the time of disclosure.

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm

ACCOUNTABILITY MECHANISM OF EIB

The EIB Complaints Mechanism is designed to facilitate and handle complaints against the EIB by individuals, organizations or corporations affected by EIB activities. When exercising the right to lodge a complaint against the EIB, any member of the public has access to a two-tier procedure, one internal - the Complaints Mechanism Office - and one external - the European Ombudsman. A complaint can be lodged via a written communication addressed to the Secretary General of the EIB, via email to the dedicated email address: complaints@eib.org, by completing the online complaint form available at the following address: http://www.eib.org/complaints/form via fax or delivered directly to the EIB Complaints Mechanism Division, any EIB local representation office or any EIB staff. For further details, check: http://www.eib.org/attachments/strategies/complaints_mechanism_policy_en.pdf

When dissatisfied with a complaint to the EIB Complaints Mechanism, citizens can then turn towards the European Ombudsman. A memorandum of Understanding has been signed between the EIB and the European Ombudsman establishes that citizens (even outside of the EU if the Ombudsman finds their complaint justified) can turn towards the Ombudsman on issues related to 'maladministration' by the EIB. Note that before going to the Ombudsman, an attempt must be made to resolve the case by contacting the EIB. In addition, the complaint must be made within two years of the date when the facts on which your complaint is based became known to you. You can write to the Ombudsman in any of the languages of the European Union. Additional details, including filing requirements and complaint forms, are available at: http://www.ombudsman.europa.eu/atyourservice/interactiveguide.faces

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