EMT MADRID CLEAN URBAN TRANSPORT

Promoter – Financial Intermediary

EMPRESA MUNICIPAL DE TRANSPORTES DE MADRID SA

Location

• Spain

Description

The project will finance the purchase of 250 electric buses and 10 hydrogen buses to replace the current ones, which will reach soon the end of service life. It will also include the acquisition of charging infrastructure for la Elipa and Sanchinarro depots. The new units will be stored in existing depots.

Objectives

The aim is to support the electrification of the bus fleet in line with the Madrid Sustainable Mobility Plan 360, which envisages an increased share of zero-emission tail-pipe buses in the metropolitan bus fleet. It is also in line with Madrid's Resilience and Transition Plan objective to achieve 100% 'zero' and low-emission urban buses by 2025.

Sector(s)

• Transport - Transportation and storage

Proposed EIB finance (Approximate amount)

EUR 65 million

Total cost (Approximate amount)

EUR 161 million

Environmental aspects

None of the project components required an Environmental Impact Assessment (EIA). The production of buses and infrastructure equipment is expected to take place at the manufacturers' factories thus falling outside the scope of Directive 2014/52/EC amending Directive 2011/92/EC. The limited infrastructure interventions (i.e. adjustments in existing depots) are expected to take place within the footprint of the existing infrastructures; as such do not fall within the scope of the EIA Directive. The hydrogen production and refuelling infrastructure is not part of the project. The new buses will allow the replacement of existing buses reaching the end of service life. No negative impact is expected from this component. The interventions concerning charging infrastructure are expected to be limited and inside the footprint of the existing infrastructures, thus with minor and temporary environmental impacts.

Procurement

As a public entity, the promoter must comply with public procurement procedures under Spanish law transposing the EU directives. The EIB will therefore require EMT to ensure that contracts for implementation of the project have been and will be tendered in accordance with EU procurement legislation, 2014/25/EU or 2014/24/EU where applicable as well as Directive 92/13/EEC or Directive 89/665/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 - 6/11/2023