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    Référence: 20200034
    Date de publication: 6 septembre 2021

    Promoteur – Intermédiaire Financier

    ADIF ALTA VELOCIDAD

    Lieu

    Description

    The project consists of an extension of capacity of the Madrid railway node to serve traffic growth in the coming years. In particular, the project comprises several schemes for capacity expansion of the two Madrid main stations, Atocha and Chamartin, and other measures with the aim of operating them as one hub with two terminals. The project is located on the Core Trans-European Transport Network (TEN-T) Atlantic and Mediterranean Corridors.

    Additionality and Impact

    The project will increase the capacity of the Madrid railway node and by this means allow the growth of traffic on the Spanish railway network. This will result in time savings, vehicle operating cost savings, transport safety benefits, and environmental benefits in terms of reduction of greenhouse gases and pollutants. The project is 100% eligible under Climate Action.


    The EIB financial contribution will entail a long tenor, commensurate with the economic life of the assets financed, and long grace and availability periods, in line with the project´s implementation period. The EIB loan will complement Next Generation EU funds that the project will receive, given its relevant contribution to the economic recovery following the COVID-19 pandemic. The flexibility of drawdowns of EIB loan will allow optimising the blending of EIB financing with EU funds over time, contributing to project acceleration.

    Objectifs

    The project will increase capacity of and reduce congestion in the Madrid railway node, and thereby allow the expected traffic growth in the high-speed lines converging in Madrid, as well as in the Madrid suburban railway lines.

    Secteur(s)

    Montant BEI envisagé (montant approximatif)

    EUR 740 million

    Coût total (montant approximatif)

    EUR 1480 million

    Aspects environnementaux

    Some of the schemes included in the project fall under Annex I or II of the Environmental Impact Assessment Directive 2011/92/EU (as amended by Directive 2014/52/EU). The EIA, the screening decisions and the need for assessment according to the Habitants Directive 92/43/EEC will be analysed during the appraisal.

    Passation des marchés

    The Bank will require the Promoter to ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation, Directive 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 Official Journal of the EU, as and where required.

    Statut

    Signé - 25/03/2022

    Clause de non-responsabilité

    Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
    Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).

    Mots-clés correspondants

    Espagne Transports