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    Signature(s)

    Amount
    € 1,400,000,000
    Countries
    Sector(s)
    Spain : € 1,400,000,000
    Transport : € 1,400,000,000
    Signature date(s)
    27/07/2012 : € 250,000,000
    27/09/2012 : € 250,000,000
    26/07/2013 : € 400,000,000
    22/06/2012 : € 500,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    14 March 2012
    Status
    Reference
    Signed | 22/06/2012
    20110454
    Project name
    Promoter - financial intermediary
    AVE y Vasca

    Administrador de Infraestructuras Ferroviarias (ADIF)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 1 000 million
    EUR 4 000 million
    Location
    Sector(s)
    Description
    Objectives

    Financing of a new high speed priority TEN-T rail line in the Basque Country connecting Spain´s network with the French border. The line will be split into two tranches of about 90 km each: Vitoria-Bilbao and Bergara-San Sebastián-French border.

    The Project belongs to the future European Core Network, now Priority axis nº 3: “High speed railway axis of southwest Europe”, ensuring the continuity of the rail network between Portugal, Spain, France, and the rest of Europe.

    Environmental aspects
    Procurement

    According to EU Directive 85/337/EEC amended by 97/11/EC and 2003/35/EC, the project falls into the Annex I category and therefore an EIA is mandatory. Compliance with national and EU environmental legislation as well as potential impacts on Natura 2000 network will be verified during appraisal. The project planning predates the SEA Directive 2001/142/EC.

    The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/EEC/ or 2004/17/EEC and Dir. 2007/66/EC), with parallel publication of tender notices in the EU Official Journal, as and where appropriate.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - AVE Y VASCA
    Publication Date
    24 Sep 2016
    Document language
    Main Topic
    Lending
    Document Number
    44427725
    Document Focus
    Environmental Information
    Project Number
    20110454
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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