- The loan will support CAF’s investments in the application of advanced technologies to the mobility sector to make it more sustainable and contribute to its modernisation.
- The investments will take place at CAF centres in Spain and Poland, promoting research, development and innovation in autonomous mobility and energy efficiency for trains and buses.
- The agreement under the TechEU initiative serves the strategic priorities of the European Investment Bank (EIB) in technological innovation, cohesion and climate action.
The European Investment Bank (EIB) and Compañía Auxiliar de Ferrocarriles (CAF) have signed an €80 million loan agreement to finance the company’s research, development and innovation (RD&I) programme. CAF develops comprehensive urban mobility solutions using trains and buses. Its RD&I programme focuses on applications for advanced technologies to mobility, to upgrade the sector and make it more sustainable.
This EIB financing will enable CAF to invest in digitalisation, autonomous mobility solutions and energy efficiency of trains and buses. The project will help accelerate the transformation of a sector key to economic growth and reducing emissions.
The RD&I investments will be made in CAF’s centres in Spain and Poland. The project is expected to strengthen competitiveness in the EU industrial landscape and help meet market demands for skilled employment in urban and interurban transport sectors.
The financing agreement supports technological innovation, cohesion and environmental sustainability – three of the eight core priorities set out in the EIB Group 2024-2027 Strategic Roadmap. In the area of technological innovation, the project serves the TechEU initiative, the EIB Group's programme to accelerate EU innovation, which aims to mobilise €250 billion in investments by 2027 for startups, scale-ups and innovative companies across Europe.
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