Release date: 11 September 2014
Promoter – Financial Intermediary
Kingdom of Spain, through the Ministry of Public Works and TransportLocation
Description
Installation of command control and signalling equipment, in particular deployment of the European Rail Traffic Management System (ERTMS) and, as a fall-back solution, of the Spanish Railway Signalling System (ASFA, class B system) on several high-speed and conventional rail lines in Spain.
Objectives
Improving safety features in several sections of both conventional and high-speed lines in Spain.
Comments
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 275 million
Total cost (Approximate amount)
EUR 370 million
Environmental aspects
The project consists of works that in principle do not fall under the scope of Directive 2011/92/EU; the need for an environmental impact assessment (EIA) will however be assessed during appraisal. The Bank will also analyse whether the project falls within a plan or a programme requiring a strategic environmental assessment (SEA) in line with Directive 2001/42/EC. Compliance with Directives 92/43/EEC (the Habitats Directive) and 2009/147/EC (the Birds Directive) will be verified during appraisal.
Procurement
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 (Directives 2004/17/EC and 2007/66/EC, amending Directives 1989/665/EEC and 1992/13/EEC), with publication of tender notices in the EU Official Journal, as and where required.
Status
Signed - 26/06/2015
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).