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RENFE OPERADORA III

Signature(s)

Amount
€ 480,000,000
Countries
Sector(s)
Spain : € 480,000,000
Transport : € 480,000,000
Signature date(s)
19/06/2009 : € 480,000,000
Link to source
Data sheet
RENFE OPERADORA III
Other links
Summary sheet
Renfe Operadora III

Summary sheet

Release date
23 February 2009
Status
Reference
Signed | 19/06/2009
20070499
Project name
Promoter - financial intermediary
Renfe Operadora III

Renfe Operadora

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Around EUR 550 million.
Around EUR 1,100 million.
Location
Sector(s)
Description
Objectives

Acquisition of high-speed trains.

The project will increase quality, interoperability and reliability of trains operating on the Spanish railway network and thereby will promote sustainable transport solutions in line with EU transport policy objectives.

Environmental aspects
Procurement

The supply of rolling stock does not fall within the scope of EU environmental impact assessment legislation. It is expected that the new rolling stock will support the competitiveness of rail transport – a sustainable mode of transport – which should lead to environmental benefits.

The Bank will require the promoter to ensure that the contracts under the project have been or shall be tendered in accordance with EU public procurement procedures.

Link to source
Summary sheet
Renfe Operadora III
Other links
Data sheet
RENFE OPERADORA III

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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