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Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
France : € 50,000,000
Transport : € 50,000,000
Signature date(s)
20/12/2024 : € 50,000,000
Link to source

Summary sheet

Release date
27 June 2025
Status
Reference
Signed | 20/12/2024
20230331
Project name
Promoter - financial intermediary
TOUAX SUSTAINABLE TRANSPORTATION
TOUAX RAIL LTD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
EUR 111 million
Location
Sector(s)
Description
Objectives

The project will finance the acquisition of approximately 900 freight railcars to be leased for rail operations across Europe.

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.

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.


Environmental aspects
Procurement

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.

The promoter has been assessed by the EIB as a private company, not subject to the EU rules on public procurement or concessions.

Milestone
Under appraisal
Approved
Signed
31 October 2024
20 December 2024
Related projects
Link to source
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Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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