Release date: 6 September 2021
Promoter – Financial Intermediary
ADIF ALTA VELOCIDAD
The project consists of an extension of capacity of the Madrid railway node to serve traffic growth in the coming years. In particular, the project comprises several schemes for capacity expansion of the two Madrid main stations, Atocha and Chamartin, and other measures with the aim of operating them as one hub with two terminals. The project is located on the Core Trans-European Transport Network (TEN-T) Atlantic and Mediterranean Corridors.
The project will increase capacity of and reduce congestion in the Madrid railway node, and thereby allow the expected traffic growth in the high-speed lines converging in Madrid, as well as in the Madrid suburban railway lines.
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 740 million
Total cost (Approximate amount)
EUR 1480 million
Some of the schemes included in the project fall under Annex I or II of the Environmental Impact Assessment Directive 2011/92/EU (as amended by Directive 2014/52/EU). The EIA, the screening decisions and the need for assessment according to the Habitants Directive 92/43/EEC will be analysed during the appraisal.
The Bank will require the Promoter to ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant 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 Official Journal of the EU, as and where required.
Under appraisal - 11/06/2021
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).