Touax Rail has received a €50 million loan from the European Investment Bank (EIB) to support the expansion of its fleet of freight wagons.
Loan backed by InvestEU Programme
The EIB financing is guaranteed under the European Union’s InvestEU programme, which aims to channel capital into projects supporting sustainable infrastructure and decarbonisation efforts in transport. The loan qualifies as a green instrument, dedicated entirely to climate-related activities, and targets Touax’s freight railcar operations specifically.
The financing arrangement enables Touax to secure future procurement capacity and maintain leasing availability across its European customer base. The company has structured the financing package by combining this EIB debt with its existing commercial bank agreements. Legal advisory for the deal involved Norton Rose Fulbright and McCann FitzGerald for Touax, while the EIB was advised by William Fry.
New financing targets only the rail sector
Touax Group leases rolling stock and transport assets worldwide, operating on its own account and on behalf of institutional investors. The group manages around €1.3 billion in assets, covering freight wagons, river barges, and shipping containers.
The new financing targets only the rail sector of the company’s business and comes at a time when policy incentives across Europe are aligned toward modal shift from road to rail in freight transport.
