KfW IPEX-Bank is providing EUR 80 million (US$ 94.90 million) towards the financing for new electric multiple units acquired by the passenger rail company Österreichische Bundesbahnen (ÖBB). Each year ÖBB brings over 470 million passengers to their destination in a manner that is environmentally compatible and climate-friendly: Austria meets its rail energy needs to 100% with renewable energy sources.
The tenor of the financing is 20 years. The project in the Alpine Republic is in the common European interest and is also being financed in part by the European Investment Bank (EIB).
Country updates
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September 24, 2020
Sigfox and Cube Infrastructure announce partnership in IoT infrastructure
Sigfox announced a new strategic alliance with Cube Infrastructure Managers (Cube), through the sale of its German 0G network to Cube. Sigfox has grown its 0G IoT services by rolling out 0G netwo...
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September 07, 2020
Tender launched for bus terminal project in Vienna
WH Fernbus in Austria has launched a tender notice seeking a private developer for the construction and financing of the long-distance bus terminal in Vienna. The scope of works also involve...
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June 16, 2020
EU seeks public consultation for boosting renovation of buildings
The European Commission has announced the opening of public consultation on boosting the renovation of buildings across the EU. The Renovation Wave initiative is a priority under the Europea...
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April 08, 2020
KKR sale of European Locomotive Leasing to AXA Investment Managers and Crédit Agricole Assurance completed
KKR has completed the sale of European Locomotive Leasing to AXA Investment Managers and Crédit Agricole Assurance.
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December 31, 2019
Vienna launches tender for campus PPP
The City of Vienna has launched for the development of the Rappachgasse and Landgutgasse educational campuses. The contract includes the design, financing, construction, and other add...
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