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    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

    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.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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