KfW IPEX-Bank provides NS with €200m for sustainable rail investments

German financing firm KfW IPEX-Bank, which focuses on international project and export financing, has awarded Dutch state-owned railway company NS with approximately €200 million to help fund new sustainable rail vehicles and modernize its existing network infrastructure.

“We are very glad that we can support NS’s investment program,” said 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’ rail network is one of the busiest rail networks in Europe and is powered exclusively by electric trains. NS’s investment program supports Europe’s sustainability and climate goals and promotes SDG 11 – Sustainable cities and communities, and SDG 3 – Health and well-being.