Christophe Alix
- European Investment Bank
- Communication Department
- Paris
- France
The European Investment Bank (EIB) has signed a €400 million loan agreement with the local public company SPIIT (Société Publique Interrégionale des Investissements en faveur des Transports), which is owned by the Nouvelle-Aquitaine and Occitanie regions, to acquire new rolling stock and modernise the existing rolling stock. SPIIT is designed to provide both regions with a technical and organisational tool to manage their rolling stock (maintenance, acquisition, etc.) for regional passenger transport services. The estimated total cost for these investments is around €1.2 billion. It will be financed by a combination of equity and senior loans from the EIB, Caisse des Dépôts and a group of commercial banks.
The European Investment Bank (EIB) has invested €150 million in a €3 billion multi-tranche senior green bond issue from energy company EDF. The EIB investment applies to the longer-term (20-year) bond tranche, with the EIB's contribution representing 12% of the financing for this €1.25 billion tranche.
The European Investment Bank (EIB) and the Brittany region have signed a 25-year, €190 million finance contract to help modernise educational facilities and adapt them to local demand, with a view to improving the quality of secondary-level education in the area.