€400m NIB loan finances electrified rail transport in Denmark

The Nordic Investment Bank and the Danish state railway company DSB have signed a loan agreement of €400 million to finance the acquisition of electric rolling stock during 2020–2025.

The 15-year loan will finance 42 new, electric locomotives as well as more than 100 train sets and coaches. The investment is part of a ten-year programme that aims to replace the company’s ageing fleet and to curb CO2 emissions to zero by the year 2030. The expansion of the rolling stock is expected to increase the reliability and quality of service, and improve regional and international connections. DSB will also start to phase out diesel locomotives and older train sets.