Touax SCA Secures €50 Million EIB Loan Backed by EU's InvestEU Programme to Boost Freight Railcar Fleet

Reuters

06-12

Touax SCA Secures €50 Million EIB Loan Backed by EU's InvestEU Programme to Boost Freight Railcar Fleet

Touax SCA has announced the acquisition of a €50 million green loan from the European Investment Bank (EIB) to bolster its freight railcars business. This loan is part of the European Union's InvestEU programme, aimed at promoting decarbonization in the transport sector. The loan, which Touax Rail received on 30 April 2025, has a term of 14 years and is exclusively dedicated to climate action. This financial support aligns with Touax's sustainable financing strategy, reinforcing its commitment to environmentally friendly infrastructure projects. The EIB's backing will enable Touax to expand its fleet of freight railcars, facilitating a shift from road to rail freight, thereby reducing CO2 emissions and making the transport sector less polluting.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Touax SCA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001102280-en) on June 12, 2025, and is solely responsible for the information contained therein.

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