Release date: 27 October 2020
Promoter – Financial Intermediary
ADIF ALTA VELOCIDADLocation
Description
The project consists of the renewal of the high-speed railway line Madrid-Sevilla (470km), including renewal of civil works, tracks, electrification, signalling and telecoms, as well as deployment on the line of the European Railway Traffic Management System (ERTMS).
Objectives
The project aims at renovating works and installations in the Madrid-Sevilla high speed railway line approaching the end of their design life, with the objective of maintaining the high availability, reliability and safety standards required for this type of infrastructure.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 90 million
Total cost (Approximate amount)
EUR 640 million
Environmental aspects
Some of the components included in the project may fall under Annex II of the Environmental Impact Assessment Directive 2011/92/EU (as amended by Directive 2014/52/EU). The need for an environmental impact assessment (EIA) and / or assessment according to the Habitats Directive 92/43/EEC will be analysed during the appraisal.
Procurement
The Bank will require that the Promoter ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/25/EU as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.
Status
Signed - 25/03/2022
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).