Green light for USD 11 billion grants for Hudson tunnel
The US Department of Transport (USDOT) signed the USD 6.9 billion grant for Hudson River tunnel project and announced the […]
Financial
NS reports EUR 109 million loss in the first half of 2024
Dutch Railways (NS) suffered an underlying operating loss of EUR 109 million in the first half of 2024. The costs […]
Vossloh aquires sleeper specialist Sateba
Vossloh France SAS, a wholly owned subsidiary of Werdohl-based Vossloh AG, signed an agreement with TowerBrook Capital Partners L.P. regarding […]
EIB extends loan to PGE
EIB extends loan worth more than EUR 230 million to PGE to modernise Polish railway’s power system. Polska Grupa Energetyczna […]
Massive financing for Cologne new S-Bahn trains
Verkehrsverbund Rhein-Ruhr (VRR) and go.Rheinland (the regional rail passenger transport authority for the Cologne/Bonn/Aachen region) obtained massive financing for the […]
Adif secures loan for Basque Y high-speed rail project
The European Investment Bank (EIB) and the Adif Alta Velocidad (Adif AV) have signed a EUR 430 million loan for the […]
Canada creates transit fund to support public transport
The Federal government has launched the Canada Public Transit Fund, that will support public transit projects across Canada. Through this […]
Transnet secures USD 1 billion AfDB loan
The African Development Bank Group has approved a ZAR 18.85 billion (USD 1 billion) corporate loan to Transnet, the South […]
Czechia secures EUR 468 million from CEF
Czech rail sector obtained EUR 467.7 million from the third CEF Transport call for proposals, for 11 projects, part of […]
Transpennine Route Upgrade launches new GBP 175,000 community fund
The Transpennine Route Upgrade (TRU) is giving local community groups, schools and charities the opportunity to apply for funding to […]