Green loan to finance innovation strategy in high-speed trains
The European Investment Bank (EIB) and the high-speed train company Patentes Talgo signed a EUR 35 million green loan to finance the company's research, development and innovation (RDI) strategy on light high-speed trains. The investments are made in Spain between 2021 and 2024, they are mostly conducted to develop new rolling stock solutions and produce portfolio expansion.
The EIB-financed investment plan includes RDI projects aligned with the EU Horizon 2020 programme on Smart, Green and Integrated Transport. The goal of this programme is to boost the competitiveness of European transport industries and to achieve a resource-efficient, environmentally friendly and safe European transport system.
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