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    Signature(s)

    Amount
    € 225,000,000
    Countries
    Sector(s)
    Spain : € 225,000,000
    Transport : € 225,000,000
    Signature date(s)
    26/02/2010 : € 100,000,000
    27/04/2009 : € 125,000,000

    Summary sheet

    Release date
    26 August 2008
    Status
    Reference
    Signed | 27/04/2009
    20080230
    Project name
    Promoter - financial intermediary
    Metro de Bilbao L2 - Extension
    Bizkaiko Garraio Partzuergoa Consorcio de Transportes de Vizcaya
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 210 million.
    EUR 420 million.
    Location
    Sector(s)
    Description
    Objectives

    The project comprises the extension of the existing metro system of Bilbao. The extension 1 from Portugalete to Kabiezes (Line 2) is 3.8 km long and it includes 3 new stations (Penota, Santurtzi, Kabiezes).

    A Y-shaped metro network, formed with two lines, of 31 km and 20 km respectively with a common section of 10 km traversing Bilbao and its surroundings, would constitute the first phase of a larger metro network. The present project consists of the completion of the first phase of the metro network.

     

    Environmental aspects
    Procurement

    The project falls under Annex II of Directive 85/337/CEE (as amended) under which the national authorities decide, on a case-by-case basis, whether or not a full EIA is needed. Accordingly, EIAs have been carried out for sections Santurtzi-Kabiezes and Ariz-Basauri and will be further analysed during appraisal.

    The awarding authorities are public entities and follow national and EU procurement procedures (Directive 2004/17/CE), including publication of notices in the OJEC.

     

    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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