Release date: 22 May 2007
Promoter – Financial Intermediary
Renfe OperadoraLocation
Description
Acquisition of sub-urban trains and installation of ERMTS systems.
Objectives
The project will increase quality, interoperability and reliability of trains operating on the Spanish railway network and thereby will promote sustainable transport solutions in line with EU transport policy objectives.
Comments
Rail
Sector(s)
Proposed EIB finance (Approximate amount)
Around EUR 500 million.
Total cost (Approximate amount)
Around EUR 1 billion.
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured.
Procurement
Procurement procedures applied by the promoter are in compliance with Council Directives applicable to public authorities' procurement, and national legislation.
Status
Signed - 28/11/2007
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).