SPANISH operator Renfe has confirmed the approval of two loans from the European Investment Bank (EIB) totalling \u20ac225m for rolling stock.<\/p>\n
A loan of \u20ac100m will partly fund the \u20ac260m cost of 13 class 107 high-speed trains. Built by Talgo, the 12-car gauge-changing trains will be used across the Spanish high-speed network.<\/p>\n
A second loan of \u20ac100m will partly fund the total purchase cost of \u20ac212m for 24 new freight locomotives for Renfe\u2019s freight subsidiary Renfe Mercanc\u00edas, together with new wagons, ERTMS fitment in some existing locomotives and noise reduction measures for 2900 wagons.<\/p>\n
The loan package follows a series of finance agreements between Renfe and EIB that have helped fund the acquisition of class 103, 106, 112 and 130 high-speed trains, as well as commuter trains.<\/p>\n
For details of fleet orders across the globe, subscribe to IRJ Pro<\/a>.<\/em><\/p>\n The post EIB finances Renfe fleet renewal<\/a> appeared first on International Railway Journal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" SPANISH operator Renfe has confirmed the approval of two loans from the European Investment Bank (EIB) totalling \u20ac225m for rolling stock. A loan of \u20ac100m […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[47,5],"tags":[],"class_list":["post-13692","post","type-post","status-publish","format-standard","hentry","category-rail-news","category-transport"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t