Adif Sets Record with €4.5 Billion Investment in 2024 Infrastructure

Adif invested €4.5 billion in Spain’s railway infrastructure in 2024, representing a 32% year-on-year increase and the highest investment level in its history. This is reported by the railway transport news portal Railway Supply.

Adif boosts national network with historic rail investments

Adif Alta Velocidad (AV) led the effort with €2.46 billion directed toward high-speed lines. Key allocations included €501.8 million for Murcia–Almería and €219.6 million for the Madrid–Extremadura corridor.

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The Basque Y project received €211.9 million, while €133.4 million was spent on the Madrid–Lleida–Barcelona line. Additionally, €222.6 million funded critical upgrades to the Madrid–Seville route.

Meanwhile, Adif invested €2.03 billion to improve conventional and suburban services. The Cercanías network absorbed €710.6 million, freight lines gained €243.3 million, and €219.1 million targeted the Northwest Corridor.

Adif achieves financial gains and strengthens ESG leadership

Revenue at Adif AV rose by 7.62%, reaching €782.95 million due to increased rail traffic and passenger demand. Track access fees generated €644.89 million, while stations and services added €137.64 million.

Operating profit more than doubled to €287.1 million, supported by asset sales from the Chamartín redevelopment. EBITDA grew slightly to €433.9 million, and net losses dropped by 26% to €100.9 million.

Sustainability remained central to Adif AV’s strategy. The operator issued its eighth green bond, bringing total green funding to €4.6 billion since 2017. Sustainalytics ranked the firm second worldwide among transport infrastructure companies for ESG risk.

In 2024, 87.7% of electricity used by Adif AV came from renewable sources. The company reduced CO₂ emissions by 15,652 tonnes and applied certified green energy at all facilities.

Additional initiatives included noise mitigation, responsible procurement covering 100% of purchases, and actions aligned with Spain’s Circular Economy Strategy 2030.

By aligning record investments with climate goals, Adif reinforces its role as a sustainable mobility leader and a driver of national infrastructure modernization.

Source, photo: www.railwaypro.com

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