TGV – High-Speed Rail Line: The Decisive Role of the Sovereign Bank in One of the Nation’s Largest Projects

BPF is proud to have been instrumental in enabling the financing of Phase 1 (Porto–Oiã) of the High-Speed Rail Line project:

The concession contract was signed on July 29 between Infraestruturas de Portugal and the LusoLav Consortium, led by Mota-Engil.

This is a historic operation for the country, and BPF made an essential contribution to launching a strategic and structuring project, a central part of the National Investment Plan 2030, aligned with the commitments of the Paris Agreement and the European Green Deal.

Luís Guimarães, Executive Director of BPF, highlights: "This project is more than a financial operation; it is a lever for the future. With this first major operation, the Development Bank is serving a national ambition: accelerating territorial cohesion, boosting competitiveness, and increasing connectivity. We are at the forefront of execution, not just intention."

Luís Silva Pereira, Director of Debt and Investment Banking at BPF, adds: "This project proves that the Portuguese Development Bank fulfills its mission: being where the market cannot reach, unlocking solutions where there were previously deadlocks, and turning ambition into real progress. When we transform the will to act into real execution capacity, the country moves forward."

Watch here the signing ceremony of the High-Speed Rail Line concession contract, held on July 29 at the Infraestruturas de Portugal headquarters.