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        RENFE XI - INFRAESTRUCTURA

        Signature(s)

        Amount
        € 400,000,000
        Countries
        Sector(s)
        Spain : € 400,000,000
        Transport : € 400,000,000
        Signature date(s)
        1/04/2004 : € 400,000,000

        Summary sheet

        Release date
        17 February 2004
        Status
        Reference
        Signed | 01/04/2004
        20030367
        Project name
        Promoter - financial intermediary
        RENFE XI - Infraestructura
        Red Nacional de los Ferrocarriles Españoles (RENFE).
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to 50% of the total project cost.
        Around EUR 850 millions.
        Location
        Sector(s)
        Description
        Objectives

        The project consists of several railway improvement, rehabilitation and modernisation schemes throughout Spain.

        Upgrade track and security systems, increase capacity and reduce energy wastage.

        Environmental aspects
        Procurement

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

        Compliant with EU Directives.

        Comments

        Rail.

        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.

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        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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