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    Signature(s)

    Amount
    € 73,000,000
    Countries
    Sector(s)
    Spain : € 73,000,000
    Transport : € 73,000,000
    Signature date(s)
    15/12/2017 : € 25,000,000
    23/03/2015 : € 48,000,000
    Link to source

    Summary sheet

    Release date
    27 February 2014
    Status
    Reference
    Signed | 23/03/2015
    20120181
    Project name
    Promoter - financial intermediary
    MADRID URBAN TRANSPORT INFRASTRUCTURE
    COMUNIDAD DE MADRID
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 73 million
    EUR 160 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the investment programme for the rehabilitation, renewal and upgrade of the infrastructure and rolling stock equipment of Madrid's metro network in Spain.

    Primary Objectives: Sustainable Transport - Urban and Inter-urban, Transversal Indicators, Climate Action (transversal)

    Environmental aspects
    Procurement

    Any change of underground railways which may have significant adverse effects on the environment falls under Annex II of the EU EIA Directive according to which the need for a full EIA is decided on a case by case basis by the competent authority. The need for an EIA may vary between project components and will be analysed on a case by case basis, as well as any potential significant impacts on protected areas. The question of the project falling within a plan or a programme requiring a Strategic Environmental Assessment (SEA) in line with EU Directive 2001/42/EC will also be further examined during appraisal.

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

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - MADRID URBAN TRANSPORT INFRASTRUCTURE
    Publication Date
    27 Aug 2014
    Document language
    Main Topic
    Lending
    Document Number
    54277961
    Document Focus
    Environmental Information
    Project Number
    20120181
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - MADRID URBAN TRANSPORT INFRASTRUCTURE
    Publication Date
    24 Jan 2020
    Document language
    Main Topic
    Lending
    Document Number
    124838627
    Document Focus
    Environmental Information
    Project Number
    20120181
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    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.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    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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