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EIB to finance rolling stock procurement for Naples’ Circumvesuviana network, Italy [free access]

January 11, 2020

Ente Autonomo Volturno (EAV), the Campania Region's railway management authority, has signed a EUR68 million loan with the European Investment Bank to finance the procurement of 40 electric trains for Circumvesuviana network, a suburban rail network serving Naples and the province of Naples. The EIB loan is guaranteed by the Juncker Plan’s European Fund for Strategic Investments (EFSI).

 

EAV will invest EUR220 million to replace the existing fleet of 40 trains as a part of its five-year investment plan.

 

(1 EUR [Euro] = 1.11 USD)