Barcelona, Spain: European funding and financing for renewing Barcelona’s public transport

The Municipality and public transport operator (TMB) of Barcelona can rely on a sound funding and financing plan to renew its bus fleet. The local transport operator received the financial support of ELENA (European Local Energy Assistance) which provided a grant of almost 1.5M€ to cover preparation studies (2011 – 2015) for a large-scale retrofit of diesels and CNG buses into hybrids. In 2019, the European Investment Bank (EIB) granted a loan of 73,5M€ to TMB to purchase 254 clean buses (fully electric, hybrid and CNG). The renewal of the public transport fleet contributes to the improvement of the air quality in Barcelona.

Referance: https://www.eltis.org/sites/default/files/sump_guidelines_2019_interactive_document_1.pdf /Page: 141