The trains will be less polluting and more efficient, and almost half will be for southern Italy.
This is the goal of €450 million in European Investment Bank (EIB) financing for FS Italiane (parent company of the Trenitalia transport company).
€150 million of the total has already been finalised via the subscription of a corporate bond under FS’ EMTN programme, concluded by way of private placement, confirming the group’s commitment to sustainable finance.
The recently subscribed operation will finance the purchase of the first 43 trainsets ordered of a total of 135 covered by Trenitalia’s investment plan.
The new trains will operate on internal routes in Southern Italy
The new trains will operate on internal routes in several Italian regions (including Calabria, Lazio, Molise, Sardinia, Sicily, Tuscany and Valle d’Aosta).
The 135 hybrid trainsets will have three or four passenger carriages.
The trains will be equipped with cutting-edge motors for non-electrified lines, with a pantograph for electrified lines and batteries for the last mile of non-electrified lines, thereby avoiding the use of fuel and the related emissions close to urban centres.
Trenitalia’s overall investment for this kind of train totals almost €960 million, covering the renewal of regional fleets on lines where electrification is not yet complete.