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Signature(s)

Amount
€ 175,000,000
Countries
Sector(s)
Spain : € 175,000,000
Transport : € 175,000,000
Signature date(s)
4/12/2008 : € 50,000,000
23/12/2008 : € 125,000,000
Link to source

Summary sheet

Release date
7 September 2007
Status
Reference
Signed | 04/12/2008
20060211
Project name
Promoter - financial intermediary
Valencia Rolling Stock
Comunidad Valenciana
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Around EUR 175 million.
Around EUR 350 million.
Location
Sector(s)
Description
Objectives

Acquisition of metro/tram units, part of the rolling stock enlargement and renewal programme in the Valencia region.

The principal aim of the project is to replace old and obsolete vehicles and the related network assets, partially renewing and partially increasing the current rolling stock park to be used on existing lines and on renewed lines.

Environmental aspects
Procurement

Compliance with EU environmental directives and national laws shall be ensured. The replacement of the old metro trains, more than 25 years old and therefore at the end of their economic life, will permit to assure to the passengers more comfortable trips, with a lower environmental impact and lower operating and maintenance costs.

The promoter is subject to, and follows, EU Directives.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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