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LGV SUD EUROPE ATLANTIQUE

Signature(s)

Amount
€ 1,185,660,108
Countries
Sector(s)
France : € 1,185,660,108
Transport : € 1,185,660,108
Signature date(s)
16/06/2011 : € 200,000,000
16/06/2011 : € 200,000,000
16/06/2011 : € 385,660,108
16/06/2011 : € 400,000,000
Link to source

Summary sheet

Release date
15 May 2008
Status
Reference
Signed | 16/06/2011
20060466
Project name
Promoter - financial intermediary
LGV Sud Europe Atlantique
Réseau ferré de France
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 600 million for the senior debt and EUR 200 million for the LGTT
Around EUR 7.2 billion (including network improvements carried out by RFF)
Location
Sector(s)
Description
Objectives

The project involves the construction of approx. 300 km of high-speed railway line between Tours and Bordeaux.

The project will establish high-speed passenger rail services enabling major time savings, with the potential knock-on effect of diverting a sizeable chunk of road and air traffic to the rail network, which will have a positive impact on the environment.

Environmental aspects
Procurement

The project falls within the categories listed in Annex I to Directive 97/11/EC and has therefore been subject to an environmental impact assessment (EIA) in accordance with French administrative procedures, which fully incorporate Community legislation.

The consultation process to award the concession for the new line was launched with the publication of the tender notice in the Official Journal of the European Union. Three candidates were pre-selected and the consultation documents were sent to them in February 2008.

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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