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    Reference: 20210503
    Release date: 26 November 2021

    Promoter – Financial Intermediary

    ADIF ALTA VELOCIDAD

    Location

    Description

    The project consists of an extension of capacity of the Madrid Chamartin station. It is part of the extension of the Madrid Railway Node and is complementary to the capacity expansion of the Madrid Atocha station and other measures with aim of operating them as one hub with two terminals. The project will constitute the first allocation of Framework Loan 2020-0034. The project is located on the Core Trans-European Transport Network (TEN-T) Atlantic and Mediterranean Corridors.

    Objectives

    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.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 170 million

    Total cost (Approximate amount)

    EUR 422 million

    Environmental aspects

    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 Habitats Directive 92/43/EEC will be analysed during the appraisal.

    Procurement

    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.

    Status

    Under appraisal - 26/11/2021

    Disclaimer

    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).

    Related tags

    Spain Transport