News from 2023-06-01 / KfW IPEX-Bank
KfW IPEX-Bank provides financing for Dutch State Railway company
Financing for sustainable public transport in the Netherlands: KfW IPEX-Bank contributes EUR 200 million to the Dutch State Railway company NS’ investment program for the procurement of new vehicles and for the modernisation of the existing network infrastructure.
“We could win NS as a new customer and are very glad that we can support their investment program” says Andreas Ufer, member of the management board of KfW IPEX-Bank. “This financing for climate-neutral mobility fits perfectly into our portfolio and is in the European Community’s interest.”
The Netherlands' network is the busiest rail network in Europe and is powered exclusively by electric trains. NS’ investment program supports Europe’s sustainability and climate goals and promotes in particular SDG 11 "Sustainable cities and communities" and SDG 3 "Health and well-being".