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Signature(s)

Amount
€ 300,000,000
Countries
Sector(s)
Spain : € 300,000,000
Transport : € 300,000,000
Signature date(s)
30/06/2010 : € 40,000,000
6/10/2011 : € 122,300,000
22/03/2013 : € 137,700,000
Link to source

Summary sheet

Release date
1 February 2010
Status
Reference
Signed | 30/06/2010
20090369
Project name
Promoter - financial intermediary
FGC Ferrocarril Valles Occidental

Generalitat de Catalunya

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Indicatively, up to EUR 300 million.
Indicatively, around EUR 750 million.
Location
Sector(s)
Description
Objectives

The project consists of two schemes for the extensions of the FGC Barcelona-Vallès suburban railway lines in the cities of Terrassa and Sabadell.

The Project is mainly an infrastructure extension of the existing suburban train network in the Barcelona metropolitan area and will be highly integrated with its public transport services. It will foster urban mobility and improve the attractiveness of public transport, thereby contributing to alleviate present and future traffic constraints and, consequently, to enhance the quality of the urban environment.

Environmental aspects
Procurement

The project is part of the Directive Plan of Infrastructures 2001-2010 (PDI) of the Authority of the Metropolitan Transport (ATM) of Barcelona. The project falls under Annex II of EIA Directive and, following the corresponding requests by the environmental authority, all environmental impact processes judged necessary have been successfully completed between 2003 and 2007. This will be further analysed during appraisal.

The Promoter is subject to and follows EU procurement procedures, including publication in the EU Official Journal. According to the received information, all tendered contracts are in compliance with the EU Directives on procurement and the procedures adopted for the project are suitable and acceptable to the Bank.

Link to source

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).

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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.

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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.

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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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