Finance: Europe

Developments in transport finance, PPP, debt, equity, M&A deals from Europe

• PKP Intercity increases investments for rolling stock programme, Poland

  January 12, 2022
  PKP Intercity has increased the total investment for its rolling stock programme from PLN19 billion to PLN27 billion.

• Teleste acquires rail electronics provider Ermetris

  January 12, 2022
  Finland-based Teleste has acquired Italy-based Ermetris.

• EIB grants investment loan to NEB for battery-driven trains, Germany

  January 5, 2022
  The European Investment Bank (EIB) has granted a EUR95 million investment loan to Niederbarnimer Eisenbahn (NEB) for the procurement of battery-driven trains.

• Consultancy services to develop Fetești and Ciulnița railway stations, Romania

  January 4, 2022
  Bids are invited to provide engineering and construction consultancy services to design and execute works to develop Fetești and Ciulnița railway stations in Bucharest.

• EIB grants funding for modernisation and rehabilitation of Southern rail corridor, Moldova

  December 26, 2021
  The European Investment Bank (EIB) has granted an additional EUR24 million to Moldovan Railways/Calea Ferata din Moldova (CFM).

• EBRD grants loan for modernisation of Timisoara tram system, Romania [free access]

  December 26, 2021
  The European Bank for Reconstruction and Development (EBRD) has granted a EUR20.3 million loan to modernise the Timișoara tram system.

• Keolis sells EuroBahn to Team Treuhand GmbH, Germany

  December 26, 2021
  Keolis has sold its EuroBahn rail operation business to Team Treuhand GmbH.

• PKP announces investments under National Railway Programme, Poland

  December 24, 2021
  Polish Railway Lines (PKP) has announced planned investments of over PLN14 billion in 2022 as part of the National Railway Programme.

• Ridango acquires IT solutions provider LIT Transit

  December 22, 2021
  Estonia-based Ridango has acquired Slovakia-based LIT Transit.

• Multilateral funding approved for multiple metro projects in India

  December 20, 2021
  The Government of India and Kreditanstalt für Wiederaufbau (KfW)/ German Development Bank have signed a EUR442.26 million loan to finance the Surat Metro rail project.

• EIB launches Green Rail Investment Platform [free access]

  December 17, 2021
  The European Investment Bank (EIB) has announced plans to launch the Green Rail Investment Platform to facilitate public and private investments in rail projects.

• EIB to support acquisition of rolling stock by Trenitalia, Italy

  December 17, 2021
  The European Investment Bank (EIB) has announced plans to subscribe for green bonds worth EUR550 million issued by Ferrovie dello Stato Italiane S.p.A.

• AIIB sanctions financial aid for Ispartakule–Cerkezkoy railway project, Turkey

  December 16, 2021
  The Asian Infrastructure Investment Bank (AIIB) has announced financial aid worth EUR300 million for the Ispartakule–Cerkezkoy railway project in Turkey.

• Stratio announces Series A funding for fleet maintenance platform, Spain

  December 9, 2021
  Spain-based Stratio has announced USD12 million Series A funding to facilitate its global expansion, increase its R&D activities, and speed up overall time-to-market by the end of 2022.

• Government of Italy announces funding for clean buses and rail fleet renewal [free access]

  December 1, 2021
  The Government of Italy has announced plans to provide funding under the National Recovery and Resilience Plan (PNRR) for the renewal of regional and intercity trains and for the production of non-polluting buses.

• Funding allocated to regional authorities for clean buses, UK

  November 29, 2021
  The UK government has announced a EUR71 million investment under the Zero Emission Bus Regional Area (ZEBRA) scheme to support local transport authorities procure 335 zero-emission buses.

• Stadler acquires rail safety service provider BAR Bahnsicherung, Switzerland

  November 26, 2021
  Stadler has acquired Switzerland-based BAR Bahnsicherung (BAR) to support the digitalisation of railway infrastructure and expand its signalling technology capabilities.

• UK government announces IRP for railway network modernisation [free access]

  November 18, 2021
  The UK government has unveiled the Integrated Rail Plan (IRP) which includes a EUR96 billion investment to modernise the railway network in the Midlands and the North.

• PKP Intercity secures funding for infrastructure and rolling stock project, Poland

  November 17, 2021
  PKP Intercity’s infrastructure and rolling stock projects will receive PLN522 million from EU funds by the end of 2021.

• Austrian government approves investments for ÖBB framework plan [free access]

  November 11, 2021
  The Government of Austria has approved a EUR18.2 billion investment for the Österreichische Bundesbahnen (ÖBB) framework plan 2022–2027.