![]() ![]() Therefore we are pleased about this financing package as an important step for our ambitious growth plan in the future,“ explains Dr. “An international network of terminals at carefully selected locations will be the key to success in our business. To accelerate the transition towards smart and sustainable transport, intermodality is a critical building block, and I am happy that we are able to support Cargobeamer in their effort to shift freight to rail.” ![]() That is why I am very pleased that the EIB, as the EU climate bank, supports an innovative company such as CargoBeamer.”Īdina Vălean, European Commissioner for Transport, added: “This loan will support our European Green Deal and Sustainable and Smart Mobility Strategy of greening freight transport. “Combined transport solutions such as road-to-rail can contribute to decarbonising transport and play an important role in achieving our goals towards a more eco-friendly, sustainable and efficient transport sector in Europe. With freight traffic expected to further grow, the modal shift to rail is becoming more important than ever,” said EIB Vice-President Ambroise Fayolle. “European road transport continues to have the largest share of freight inland transport, resulting in traffic congestions, air pollution and greenhouse gas emissions. CargoBeamer’s system is compatible with 80% of the cargo trailers currently in use and thus offers a cleaner and cost competitive alternative when compared to road-transported freight. The company's patented technology consists of rail wagons, innovative shipment terminals and logistics software. The EIB loan is backed by the Future Mobility facility (“FM”), a joint initiative established by the EIB and the European Commission under the Connecting Europe Facility (“CEF”) Debt Instrument.ĬargoBeamer's technology (video link) enables "combined road-rail transport" and allows transferring most truck cargo to rail. The Project will be implemented from 2020-2022. The financing supports the construction and implementation of three new rail freight terminals in Calais (France), Kaldenkirchen (Germany) and Domodossola (Italy) to run combined transport rail services between these terminals as well as to other destinations. Today, the European Investment Bank Group and CargoBeamer AG signed a €12.6 million equity type financing in the form of a senior secured loan coupled with a profit sharing mechanism. The project is financed under the Future Mobility product, backed by the European Commission.Construction of three innovative rail freight terminals in Calais (France), Kaldenkirchen (Germany) and Domodossola (Italy).Support for a cleaner and cost competitive transport alternative for cargo.
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