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Frecciarossa high-speed: FS places 200 million green bonds to the EIB to buy new trains

The subscription is the second tranche of the amount of 550 million euros approved by the EIB in 2021 - The bonds mature in 17 years and the rate is variable

Frecciarossa high-speed: FS places 200 million green bonds to the EIB to buy new trains

Italian Fs placed a new wednesday green bonds of the Emtn Program. The emission is valid in all 200 million euro and was fully subscribed by European Investment Bank (EIB). The maturity of the bonds is between 17 years and rate is variable.

The subscription represents the second tranche of the amount of 550 million euros approved by the EIB in 2021 and intended for new Trenitalia purchases for high-speed trains. The operation is part of the Green Bond Purchase Program of the FS group and follows theissue of 350 million euro subscribed last December (at the time, the first corporate green bond ever purchased by the EIB).

“The strategic partnership between the EIB and the FS group is therefore renewed – reads a note from the Italian company – confirming the shared commitment to sustainable finance as a fundamental driver for climate change”.

The proceeds of the issue will be invested by Trenitalia to purchase new Frecciarossa 1000 high-speed trains to be used on the Italian and Spanish lines, "facilitating the modernization of the existing fleet and at the same time increasing competitiveness in business outside Italy", concludes the Note.

The new Parkin' Station was presented at Naples Central Station

Furthermore, Ferrovie dello Stato announces that the new Parkin' Station was presented at the Naples Central station, a structure capable of accommodating up to 360 cars, built by Grandi Stazioni Rail, a company of the Infrastructure Pole of the FS Italiane Group and co-financed by the Ministry of Infrastructure and Sustainable Mobility (Mims) with a total investment of over 13 million euros.

The Parkin' Station - explains FS in a note - is a new infrastructure built in one of the great Italian stations which, like the one inaugurated in Milan on 8 April last, is an integral part of a broader strategic plan which intends to transform the stations along the main national railway line in intermodal hubs of a "Mobility as a Service" system, with spaces for parking cars and services for the interchange between various means of transport, including collective, shared and soft mobility ones.

The stations will thus increasingly be at the center of continuous pedestrian paths, connected to cycle networks and equipped with bicycle parking, equipped with recharging points for electric vehicles and with spaces dedicated to taking and releasing shared vehicles.

"Today's presentation - said the managing director of FS, Luigi Ferraris - is a fundamental step in a program with which we intend to equip Italian railway stations with infrastructures and functions aimed at making them increasingly a meeting place and useful services to citizens, well integrated into the urban fabric and more and more links between different mobility systems, including soft and shared forms".

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