The operation will be complete by July 2013.
Spain currently has three public companies operating its railways: Renfe, the train operator, FEVE, which operates narrow gauge lines and ADIF, which maintains the network. FEVE will be dissolved and its operations passed to Adif and Renfe. Renfe will be split into four distinct companies operating in distinct parts of Spain, and private companies will be able to tender bids to run their own rail services.
Spain has admitted that its railways are run at an annual loss of 447 million euros, and have an accumulated debt of some 21 billion euros.
Madrid says that Spanish rail services need an overhaul, and point out that at least 52 long and medium haul rail services run at only 15% capacity. At least five long haul routes carry an average on just 5 passengers a route.
How will this affect the AVE through Almería? Your guess is as good as mine.