ADIF AV agrees EIB loan as Extremadura high speed link makes progress

SPAIN: ADIF Alta Velocidad announced on November 23 that it had signed off on the €300m first tranche of a €890m funding package with the European Investment Bank. The loan will support completion of the 282 km high speed line between Talayuela, Plasencia Cáceres, Mérida and Badajoz.