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Signature(s)

Amount
€ 187,500,000
Countries
Sector(s)
Spain : € 187,500,000
Transport : € 187,500,000
Signature date(s)
31/05/2010 : € 87,500,000
27/04/2010 : € 100,000,000
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Summary sheet

Release date
5 March 2008
Status
Reference
Signed | 27/04/2010
20070526
Project name
Promoter - financial intermediary
Metro de Madrid V-Rolling Stock
Metro de Madrid
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Around EUR 400 million
Around EUR 850 million
Location
Sector(s)
Description
Objectives

Acquisition of rolling stock for the metro Madrid network

The project will contribute to improve Madrid’s public transport system by facilitating access to the city center and increasing service capacity, reliability, frequency and comfort.

Environmental aspects
Procurement

The construction of the new train sets will take place in the manufacturers plants and does not fall within the scope of Directive 85/337/EEC (as amended) nor Directive 2001/42/EC and therefore neither an EIA nor a SEA is required for the project.

Procurement procedures applied by the promoter are in full compliance with EU Directives applicable to public authorities’ procurement, and national legislation. Under these conditions, the procurement procedures followed by the promoter are suitable for the project and satisfactory to the Bank.

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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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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