Release date: 1 March 2024
Promoter – Financial Intermediary
RENFE OPERADORALocation
Description
The project will finance the purchase of 101 electric multiple units for the regional railway services in Catalonia. 69 units are high-capacity train sets to run suburban services in the city.
Objectives
The project supports the shift of traffic to more sustainable transport modes and reduces related negative transport externalities including carbon emissions. This will thus contribute to meeting the EIB's target for support to Climate Action and Environmental Sustainability.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 430 million
Total cost (Approximate amount)
EUR 864 million
Environmental aspects
The investment proposed under the project does not fall under either Annex I or Annex II of the Environment Impact Assessment (EIA) Directive 2011/92/EU (as amended by Directive 2014/52/EU) as manufacturing and use of rail rolling stock is not included in either list. The need of EIA and /or assessment according to the Habitants Directive 92/43/EEC for associated facilities (e.g. maintenance workshops or depots), not included in the investment proposed but needed for the correct operation of the new rolling stock , will be analysed during the appraisal. Arrangements for the replacement or decommissioning of old rolling stock will be reviewed during appraisal.
Procurement
The promoter has to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation, 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 EU Official Journal, as and where required.
Status
Under appraisal - 23/10/2023
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).