With the European Union focusing more on confronting climate change, Jonathan Cutuli, Public Affairs Manager at UNIFE, explains the key role that alternative fuels can play for the rail sector in lowering GHG emissions and how investment is key to producing greener results.
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European Investment Bank (EIB)
EIB agree to finance €45 million for Medway’s project that supports the expansion of rail freight and transport services across regions of Portugal and Spain.
The 31 battery-electric Siemens Mireo Plus B multiple units are not only a welcome addition to the lessor's existing fleet – they also send out a strong signal for sustainability.
Moldova’s national railway operator, Calea Ferată din Moldova, will be provided an additional €23.5 million loan to upgrade infrastructure, by The European Bank for Reconstruction and Development.
The European Bank for Reconstruction and Development requests for more funding in the Western Balkans railway sector, to tackle the global climate change crisis and to better connectivity.
KfW IPEX-Bank will provide the €80 million finance for ÖBB's EMU project, which is also being financed in part by the European Investment Bank.
Twelve modern diesel locomotives - purchased thanks to joint financing from the European Bank for Reconstruction and Development, the European Investment Bank and the European Union - have arrived in Moldova's capital.
EIB has signed a €95 million loan agreement with Eesti Raudtee for the modernisation of track and signalling along the Estonian railway network.
The presidents of ALLRAIL, CER, ERFA, UIP and UIRR have called on the European Commission to introduce new measures to protect the rail industry amidst the COVID-19 crisis.
The EIB agreement will see up to €1.5 million in grant finance support the redevelopment of 118km of line between Tanta and Damietta.
The 40 new trains will be used across all six lines on the Naples network, aiming to reduce traffic congestion and pollution.
€200 million investment from the EIB will see construction of new tracks, upgrading existing ones to higher speed limits, electrification and implementation of ERTMS between Denmark and Germany as part of the Fehmarn Belt railway
The Kosovo Rail Route 10 project is part of the Western Balkans core railway network, an extension of the Trans-European Transport Networks, which is part of the EU’s wider efforts to promote transport connectivity in the Western Balkans.
Dutch national railroad company receives €450 million for InterCity Next Generation trains to operate on both the traditional and high-speed rail network…