• The loan will finance the extension of Málaga Metro line 2 to link the city centre with Málaga Civil Hospital, making an additional 4.7 million metro journeys possible per year.
• The project includes the construction of 1.8 km of underground infrastructure and three new metro stations.
• The operation contributes to the EIB’s climate action and environmental sustainability objectives by promoting the use of sustainable transport over other more polluting means of transport like private cars.

The European Investment Bank (EIB) and the Junta de Andalucía (Andalusia’s regional government) have signed a €150 million loan to finance the extension of Málaga Metro line 2 between Guadalmedina and the future station of Hospital Civil de Málaga.

The operation will promote the use of public transport over private cars, and will help cut journey times, traffic congestion and atmospheric pollution in the city. The project includes the construction of 1.8 km of underground infrastructure and three new metro stations. Once operational, the extension of the line 2 is expected to make an additional 4.7 million journeys possible across the city’s metro network.

The operation is in line with the EIB’s sustainable transport lending policy and will make a significant contribution to climate action and environmental sustainability, which is one of its strategic priorities for 2024-2027. This will consolidate its position as the EU climate bank. All the investments will take place in Andalusia, a Spanish region where the income per capita is below the EU average. This means that the operation will also contribute to bolstering the economic, social and territorial cohesion of the European Union.

Background information  

EIB 

The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, high-impact investments outside the European Union, and the capital markets union.  

The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe’s competitiveness and security.  

All projects financed by the EIB Group are in line with the Paris Climate Agreement, as pledged in our Climate Bank Roadmap. Almost 60% of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment.  

In Spain, the EIB Group signed €12.3 billion of new financing for more than 100 high-impact projects in 2024, helping power the country’s green and digital transition and promote economic growth, competitiveness and better services for its people.

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