Funding for Hudson Bay Railway upgrades provided
The governments of Canada and Manitoba province committed up to CAD 147.6 million (USD 114.8 million) to the Arctic Gateway […]
Financial
BDZ Cargo in talks for WB financing
Bulgaria’s state-owned rail freight operator BDZ Cargo started talks with the World Bank for the implementation of its investment programme […]
CDPQ enters negotiation to acquire Akiem
SNCF and DWS, the Akiem shareholders, entered into exclusive negotiations with Caisse de dépôt et placement du Québec (CDPQ) on […]
ERBD invests in ONCF’s green bond
The European Bank for Reconstruction and Development (EBRD) announced it will invest EUR 19.2 million in a certified green bond […]
Aurizon completes ORA acquisition
Aurizon has completed the acquisition of the rail freight operator One Rail Australia (ORA) at a transaction worth AUD 2.35 […]
EBRD approves funding for tram extension in Sarajevo
The European Bank for Reconstruction and Development (EBRD) approved a sovereign loan of up to EUR 25 million to Bosnia […]
North Macedonia signs EUR 200 million rail contracts
The rail infrastructure manager of North Macedonia, MZI, has signed the contracts for the modernisation of three rail sections on […]
EC approves funding for rail modernisation project in Bulgaria
The European Commission has approved from the Cohesion Fund a BGN 130.2 million (EUR 66.57 million) funding for the modernisation […]
EC approves Spanish scheme for rail freight transport
The European Commission has approved under EU State aid rules a EUR 285 million Spanish scheme to encourage freight transport […]
TransPennine upgrade funding increased to EUR 10.5 billion
Britain’s Department for Transport has increased TransPennine funding from GBP 2.9 billion (EUR 3.4 billion) to more than GBP 9 […]