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Signature(s)

Amount
€ 225,000,000
Countries
Sector(s)
Spain : € 225,000,000
Transport : € 225,000,000
Signature date(s)
26/02/2010 : € 100,000,000
27/04/2009 : € 125,000,000
Link to source

Summary sheet

Release date
26 August 2008
Status
Reference
Signed | 27/04/2009
20080230
Project name
Promoter - financial intermediary
Metro de Bilbao L2 - Extension
Bizkaiko Garraio Partzuergoa Consorcio de Transportes de Vizcaya
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 210 million.
EUR 420 million.
Location
Sector(s)
Description
Objectives

The project comprises the extension of the existing metro system of Bilbao. The extension 1 from Portugalete to Kabiezes (Line 2) is 3.8 km long and it includes 3 new stations (Penota, Santurtzi, Kabiezes).

A Y-shaped metro network, formed with two lines, of 31 km and 20 km respectively with a common section of 10 km traversing Bilbao and its surroundings, would constitute the first phase of a larger metro network. The present project consists of the completion of the first phase of the metro network.

 

Environmental aspects
Procurement

The project falls under Annex II of Directive 85/337/CEE (as amended) under which the national authorities decide, on a case-by-case basis, whether or not a full EIA is needed. Accordingly, EIAs have been carried out for sections Santurtzi-Kabiezes and Ariz-Basauri and will be further analysed during appraisal.

The awarding authorities are public entities and follow national and EU procurement procedures (Directive 2004/17/CE), including publication of notices in the OJEC.

 

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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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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