EIB and KfW to fund RRX trains

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GERMANY: The European Investment Bank is to provide a €340m long-term loan to help fund the Rhein-Ruhr-Express project in Nordrhein-Westfalen, as part of a financing package announced on July 16. A credit of €283m will be provided by KfW IPEX-Bank, and additional funding is coming from Helaba (Landesbank Hessen-Thüringen).

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