Release date: 27 June 2025
Promoter – Financial Intermediary
TOUAX RAIL LTDLocation
Description
The project will finance the acquisition of approximately 900 freight railcars to be leased for rail operations across Europe.
Additionality and Impact
Through the renewal of the obsolete stock of railcars in Europe and the growth of the lessors market, the project contributes to expanding electric rail freight transport services, thus enabling more efficient supply chains, savings on logistic costs for clients as well as reducing external costs of transport. This will increase the competitiveness of rail freight and contribute to sustainable growth and employment in Europe in line with the EU Green Deal objectives.
Objectives
Through the renewal and expansion of the stock of railcars in Europe and the growth of the lessors market, the project contributes to expand the electric rail freight transport services. It will help lower CO2 emissions in the transport sector and enable more efficient supply chains, savings on logistic costs for clients as well as reducing external costs of transport.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 111 million
Environmental aspects
The project will increase the competitiveness of rail freight and contribute to sustainable growth and employment in Europe in line with the EU Green Deal objectives.
Procurement
The promoter has been assessed by the EIB as a private company, not subject to the EU rules on public procurement or concessions.
Status
Signed - 20/12/2024