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    Signature(s)

    Amount
    € 575,000,000
    Countries
    Sector(s)
    Spain : € 575,000,000
    Transport : € 575,000,000
    Signature date(s)
    20/02/2012 : € 275,000,000
    10/11/2011 : € 300,000,000

    Summary sheet

    Release date
    21 June 2011
    Status
    Reference
    Signed | 10/11/2011
    20090633
    Project name
    Promoter - financial intermediary
    Conexión AVE Atocha Chamartin

    Administrador de Infraestructuras Ferroviarias (ADIF)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 600 million
    Up to EUR 1 275 million
    Location
    Sector(s)
    Description
    Objectives

    The project comprises: (i) The expansion for high speed services of Madrid-Atocha station, (ii) The construction of a new tunnel to connect Atocha-Chamartin stations and (iii) the installation of a third and fourth high speed track between Torrejon de Velasco and Madrid.

    The project will allow to: (i) provide the required additional capacity in the mid term in the main high speed station in Spain (Madrid-Atocha) and by means of linking the southern HSR network to Madrid-Chamartín.

    Environmental aspects
    Procurement

    The project falls under Annex I of EU Directive 85/337/EEC amended by 97/11/CE and 2003/35/EC. An EIA for the project is required.

    The Promoter is a railway entity subject to EU public procurement regulations. The promoter has ensured compliance with the European procurement legislation, including EU wide open tender procedures and publication in the EU Official Journal. The procurement procedure will be verified during appraisal.

    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).

    General enquiries and comments

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    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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    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 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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