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    Reference: 20240366
    Release date: 29 October 2024

    Promoter – Financial Intermediary

    ADIF ALTA VELOCIDAD

    Location

    Description

    The project concerns multiple schemes for the renewal and upgrade of the Spanish high-speed and conventional railway networks.

    Objectives

    The scope of works in the high-speed network, which is entirely electrified, includes the implementation of protective barriers on critical points, improvement of drainage, accessibility to control centres, anti-vandal modules, the renewal of telecom, safety and energy systems as well as other upgrades identified during maintenance works. In the conventional railway network, the scope of works includes a programme of removal of level crossings, track renewal, installation of telecom equipment as well as other renewal upgrades identified during maintenance works and installation of improvement of GSM-R (Global System for Mobile Communications Railway). 60% of the conventional network is electrified and almost half of the non-electrified lines, those included on the Trans-European Transport Network (TEN-T) have plans for electrification.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 350 million

    Total cost (Approximate amount)

    EUR 836 million

    Environmental aspects

    Most of the schemes included under this project will be undertaken on the existing infrastructure and are not expected to fall under Annex I or II of the Environmental Impact Assessment Directive (EIA) 2011/92/EU (as amended by Directive 2014/52/EU); therefore they are not expected to be subject to EIA. In any case, where and if applicable, the Promoter will be required to comply with the requirements of the Environmental Impact Assessment Directive 2011/92/EU as amended by Directive 2014/52/EU. Where and if applicable, the Promoter will be required to comply with the requirements of the Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC. The project is expected to have a positive environmental impact by helping railways to maintain modal share in key sections of the passenger and freight market that are most appropriately met by rail. Thus, the project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate change mitigation and pollution reduction. Furthermore, some components of the project such as the improvement of access roads to technical control centres and drainage works, are expected to contribute to climate change adaptation too.

    Procurement

    The promoter has to ensure that contracts for implementation of the project have been and will be tendered in accordance with the applicable EU procurement legislation, 2014/24/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 - 12/07/2024

    Milestone
    Under appraisal

    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