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Reference: 20190547
Release date: 3 December 2024

Promoter – Financial Intermediary

COMUNIDAD AUTONOMA DE ANDALUCIA

Location

Description

The project concerns the railway installations (power supply, signalling, passenger's information systems and telecommunications), plus the architectural works for the 12 tramway stops, the new depot and the necessary rolling stock (6 tram sets, of 5 carriageways each). It is important to note is that the civil works and the track works for this future tramway line are already built.

Additionality and Impact

The Project concerns the completion of the tramway system in the city of Alcala de Guadaira, including depot infrastructure, rolling stock acquisition and associated tramway systems. 

The Project complies with the Bank's Paris Alignment criteria as defined in the Climate Bank Roadmap and is fully consistent with the EIB Transport Lending Policy. The Project's contribution to the Bank's Climate Action and environmental sustainability objective is 100%.


The Project is expected to increase accessibility to the public transport network and also improve the reliability of the public transport service, which in turn is expected to reduce negative externalities of road traffic, improve air quality and reduce Green House Gas emissions from transport in Seville metropolitan area. Also providing better access to job and educational opportunities to the population served by this new public transport infrastructure.


Finally, EIB's financing provides the client long tenors and flexible loan conditions, such as long grace and disbursement periods, which are therefore better adapted to the implementation of the Project. EIB's financing also allows the Promoter to achieve diversification of funding sources and contributes to the stability of their financing needs.

Objectives

The project supports investments in sustainable urban public transport (new tram line), which are expected to reduce transport externalities such as air pollution and greenhouse gas emissions, decrease travel times for the tramway users as well as road traffic congestion in the area, by promoting modal shift from private car users to public transport. In addition, being fully located within a less developed region of the EU, the project supports the strengthening of the EU's economic, social and territorial cohesion.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 41 million

Total cost (Approximate amount)

EUR 130 million

Environmental aspects

The project, to be appraised and monitored in line with the EIB's policies, including the Environmental and Social Sustainability Framework, will contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate mitigation. Project falls within the projects listed in Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU, amended by EIA Directive 2014/52/EU. A formal EIA was prepared for the project and following with that, after the public consultation process, the environmental Competent Authority issued the environmental permit. Therefore, during appraisal, the EIB will check the compliance with the requirements of the Directive 2011/92/EU, amended by EIA Directive 2014/52/EU. Additionally, and as applicable, the EIB will review compliance with the Strategic Environmental Assessment (SEA) Directive 2001/42/EC and the relevant Habitats and Birds Directives (92/43/EEC and 2009/147/EC, respectively).

Procurement

The promoter has to ensure that contracts for implementation of the Project will be tendered in accordance with the applicable EU procurement legislation, Directive 2014/24/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.

Status

Approved - 4/02/2025

Milestone
Approved
4 February 2025

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).

Related tags

Spain Transport