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Spain

EIB approves €550 million loan for Madrid-Atocha HSR station

The European Investment Bank (EIB) has approved a €550 million loan to the Spanish infrastructure manager Adif to finance capacity expansions for the new Puerta de Atocha tunnel station in Madrid. This loan is part of a framework package of €740 million agreed in 2021 for works at Atocha and Chamartín stations. The works at Atocha station include the ongoing construction of platforms 16 and 17, an underground transit station, the renovation of the historic locomotive depot, and the development of the Plaza del Embarcadero. The EIB will also provide financing for works to connect the Madrid – Levante and Madrid – Barcelona high-speed rail (HSR) lines.