EIB to provide EUR 400 million for Netz Elbe-Spree new rolling stock

The European Investment Bank will analise the project on the acquisition of new rolling stock for Germany’s Netz Elbe Spree. The value of the project is EUR 1.3 billion and the bank’s proposed financing is EUR 400 million.
The funds will finance newly-purchased rolling stock for the winners of the currently pending tender for the operation Netz Elbe Spree (NES) network, which provides regional rail services in Berlin and three surrounding federal states Mecklenburg-Vorpommern, Brandenburg and Sachsen-Anhalt.
Under the tender there are four lots to provide rail services on 18 railway lines, 17 regional railway lines and the Berlin Brandenburg Airport (BER) rail express (FEX) to the new airport.
In November 2017, VBB Verkehrsverbund Berlin-Brandenburg GmbH published in the Official Journal of the European Union the open procedure for the railway services on the routes. The winners of the contracts will start providing services from December 2022 until December 2034.
The tender on Elbe-Spree network operation is the largest ever bid on the German railway market with more than 26 million train-kilometers within the 4 lots.

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