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Signature(s)

Amount
€ 260,000,000
Countries
Sector(s)
Spain : € 260,000,000
Transport : € 260,000,000
Signature date(s)
8/02/2012 : € 130,000,000
10/12/2013 : € 130,000,000
Link to source
Data sheet

Summary sheet

Release date
8 June 2010
Status
Reference
Signed | 08/02/2012
20100124
Project name
Promoter - financial intermediary
Metro de Granada PPP

Ferrocarriles de la Junta de Andalucía (FJA).

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 250 million.
Up to EUR 550 million.
Location
Sector(s)
Description
Objectives

The project will develop the first light rail line in Granada, under a DBFO (Design, Build, Finance, Operate) agreement concession.

The light rail system in Granada is located in a convergence region. By stimulating a modal shift from private to public transport the project will have a positive impact on the environment.

Approximately 17% of total 15,9 km of double track light rail line will be underground. Several stops will have park and ride facilities for cars and bicycles. For safety reasons, all light rail stops will have platforms that are fully separated from road traffic. Stops are foreseen at the new high-speed train station that is being constructed, the University of Granada, the Football stadium and the Technology park. The project also includes the required rolling stock and the construction of a depot with workshops for maintenance.

Environmental aspects
Procurement

Spain, as a Member State, is obliged to follow the relevant EU rules in relation to the environmental impact of projects. The present project is an urban tramway project, falling under Annex II of the EIA Directive 85/337/EEC, amended by directives 97/11/EC and 2003/35/EC.

The promoter is a public entity subject to EU public procurement regulations.

Link to source
Summary sheet

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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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.
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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 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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