Bond advises EBS on financing for the acquisition of electric busses and charging infrastructure in relation to the IJssel-Vecht Concessie 2022-2035
Earlier this year, EBS won the IJssel-Vecht Concessie 2022-2035. EBS is a Dutch, regionally operating public transport company. EBS (Egged Bus Systems) was founded in 2010 as a dubdivision of the Israeli Egged Group. In addition to the new concession, EBS provides public bus transport in three other concessions: region Waterland, region Voorne-Putten & Rozenburg and region Haaglanden Streek.
Bond advised EBS on the contract documentation and all remaining legal aspects of the financing of the acquisition of 234 electric busses and charging infrastructure in relation to the public transport concession. Based on the acquisition regulation forming part of the concession, EBS has acquired the busses and charging infrastructure from Keolis. In addition, rental agreements in relation to the parking sites and employee contracts were also transferred to EBS.
Other advisors involved were Vriman (advisor for EBS on the acquisition aspects of the transaction), BarentsKrans (advisor for EBS onprocurement law aspects), Schut van de Ven (civil law notary coordinating the transfer of the rights of superficies relating to the charging infrastructure), Stek (counsel to Rabobank) and Kennedy van der Laan (counsel to Keolis).
For more information about the transaction, please see:
https://www.ebs-ov.nl/haaglanden/actueel/persberichten/ebs-nieuwe-busvervoerder-in-ijssel-vecht-2 (only in Dutch)
