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    Reference: 20200385
    Release date: 27 October 2020

    Promoter – Financial Intermediary

    ADIF ALTA VELOCIDAD

    Location

    Description

    The project consists of the renewal of the high-speed railway line Madrid-Sevilla (470km), including renewal of civil works, tracks, electrification, signalling and telecoms, as well as deployment on the line of the European Railway Traffic Management System (ERTMS).

    Objectives

    The project aims at renovating works and installations in the Madrid-Sevilla high speed railway line approaching the end of their design life, with the objective of maintaining the high availability, reliability and safety standards required for this type of infrastructure.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 320 million

    Total cost (Approximate amount)

    EUR 640 million

    Environmental aspects

    Some of the components included in the project may fall under Annex II of the Environmental Impact Assessment Directive 2011/92/EU (as amended by Directive 2014/52/EU). The need for an environmental impact assessment (EIA) and / or assessment according to the Habitats Directive 92/43/EEC will be analysed during the appraisal.

    Procurement

    The Bank will require that the Promoter 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.

    Status

    Signed - 25/03/2022

    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