Infrastructure

French ERTMS installation financing

2021-02-18T05:00:00

France railway track (Photo: JackieLou DL/Pixabay)

FRANCE: Infrastructure manager SNCF Réseau has secured more than €31m in grants from the European Commission’s Innovation & Networks Executive Agency and a similar sum in debt financing from Caisse des Dépôts to finance the installation of ERTMS equipment on 252 passenger vehicles and freight locomotives.

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