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    Signature(s)

    Amount
    € 715,000,000
    Countries
    Sector(s)
    Spain : € 715,000,000
    Transport : € 715,000,000
    Signature date(s)
    20/11/2020 : € 300,000,000
    25/03/2022 : € 415,000,000

    Summary sheet

    Release date
    19 May 2020
    Status
    Reference
    Signed | 20/11/2020
    20200033
    Project name
    Promoter - financial intermediary
    AVE MADRID EXTREMADURA
    ADIF ALTA VELOCIDAD
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 715 million
    EUR 1960 million
    Location
    Sector(s)
    Description
    Objectives

    The loan will finance the upgrading of the Navalmoral de la Mata-Plasencia-Cáceres-Mérida-Badajoz railway corridor (about 287 km) to high-speed technical standards, including increase in line speed, electrification and doubling of the existing single track sections.

    The project, which is part of the high speed rail line Madrid-Extremadura, will improve cross-border connections with Portugal in the Atlantic TEN-T corridor.

    Environmental aspects
    Procurement

    The project is included in the Spanish Infrastructure, Transport and Housing Master Plan "Plan de Infraestructuras, Transporte y Vivienda PITVI (2012-2024)", for which a Strategic Environmental Assessment was carried out. Screening decisions, Environmental Impact Assessment and developments consents, as well as, conformity with the requirements of the Habitats Directive (92/43/EEC) and Birds Directive (2009/147/EC) will be analysed during the appraisal. The project will promote a modal shift from both road and air to rail and, therefore, it is expected to generate environmental and safety benefits.

    The promoter has to ensure that contracts for implementation of the project have been and will be tendered in accordance with the applicable EU procurement legislation, Directive 2014/25/EU as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    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 Impact Assessment (ESIA) - AVE MADRID EXTREMADURA - Estudio de Impacto Ambiental - Cáceres-Mérida
    Publication Date
    30 Sep 2020
    Document language
    Main Topic
    Lending
    Document Number
    132990123
    Document Focus
    Environmental Information
    Project Number
    20200033
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - AVE MADRID EXTREMADURA - Estudio de Impacto Ambiental - Mérida-Badajoz
    Publication Date
    30 Sep 2020
    Document language
    Main Topic
    Lending
    Document Number
    132987105
    Document Focus
    Environmental Information
    Project Number
    20200033
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - AVE MADRID EXTREMADURA - Estudio de Impacto Ambiental - Mérida - Fase 1
    Publication Date
    30 Sep 2020
    Document language
    Main Topic
    Lending
    Document Number
    132986830
    Document Focus
    Environmental Information
    Project Number
    20200033
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - AVE MADRID EXTREMADURA - Impacto Ambiental - Cáceres-Talayuela
    Publication Date
    30 Sep 2020
    Document language
    Main Topic
    Lending
    Document Number
    132986828
    Document Focus
    Environmental Information
    Project Number
    20200033
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - AVE MADRID EXTREMADURA
    Publication Date
    11 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    131314555
    Document Focus
    Environmental Information
    Project Number
    20200033
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links

    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 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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