SNCF’s low-cost rival Kevin Speed could secure €400m EU loan

Kevin Speed could secure EU financing for its push into France's high-speed rail market
Kevin Speed could secure EU financing for its push into France's high-speed rail market. Shutterstock

French open-access operator Kevin Speed, one of the first companies to challenge SNCF’s high-speed rail dominance in France, could soon secure significant EU financing. The European Investment Bank (EIB) is considering supporting the newcomers to the tune of around 400 million euros, the total estimated value of the procurement, a staggering 1 billion euros.

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Author: Thomas Wintle

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SNCF’s low-cost rival Kevin Speed could secure €400m EU loan

SNCF’s low-cost rival Kevin Speed could secure €400m EU loan

Kevin Speed could secure EU financing for its push into France's high-speed rail market
Kevin Speed could secure EU financing for its push into France's high-speed rail market. Shutterstock

French open-access operator Kevin Speed, one of the first companies to challenge SNCF’s high-speed rail dominance in France, could soon secure significant EU financing. The European Investment Bank (EIB) is considering supporting the newcomers to the tune of around 400 million euros, the total estimated value of the procurement, a staggering 1 billion euros.

Want to read more?

Subscribe now!

Take advantage of our exclusive offer to get full access to all premium content.

See the offer

Tags: , , , , ,

Author: Thomas Wintle

E-mailURL

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