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Signature(s)

Amount
€ 1,300,000,000
Countries
Sector(s)
Spain : € 1,300,000,000
Transport : € 1,300,000,000
Signature date(s)
4/12/2009 : € 150,000,000
12/03/2009 : € 500,000,000
4/07/2011 : € 650,000,000
Link to source

Summary sheet

Release date
10 October 2008
Status
Reference
Signed | 12/03/2009
20080094
Project name
Promoter - financial intermediary
AVE Madrid – Valencia

Administrador de Infraestructuras Ferroviarias (ADIF).

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Around EUR 1300 million.
Around EUR 6 000 million.
Location
Sector(s)
Description
Objectives

The project consists of the construction of some 365 km of high-speed rail infrastructure between Madrid-Valencia.

The project is a priority TEN and a key component of the Spanish high-speed rail network. The new line will connect with the Mediterranean corridor and from there to Barcelona and France.

Environmental aspects
Procurement

Compliance with EU environmental directives and national laws shall be ensured.

Procurement procedures applied by the promoter are in compliance with Council Directives applicable to public authorities’ procurement, and national legislation.

Comments

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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