Eurofima, the European Company for the Financing of Railroad Rolling Stock, has entered into two financing deals with Spanish operator Renfe Operadora.

The first transaction is for 200 million euros. This loan will mature in 2034. The second is for 103 million euros and will mature in 2030.

Renfe Civia EMU
Renfe Civia EMU

The funds will go towards modernising the Spanish regional rail fleet. Among the trains financed are the Civia EMUs, which are manufactured by CAF and Siemens. These will run on Renfe’s Iberian-gauge (1,668 mm) commuter rail network in the Madrid and Barcelona regions.

Renfe Operadora is one of Eurofima’s shareholders. EUROFIMA’s has a non-profit mission to support the development of public passenger rail transportation in Europe.

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