France's high-speed rail network, Proxima to buy 12 Avelia Horizon trains from Alstom is entering a new era with. Hamburg Commercial Bank (HCOB) provided by a banking consortium led by €500 million in financing, is the basis of this project. Proxima aims to provide innovative solutions in rail transport by strengthening connections between Paris and cities on the French Atlantic coast.
Major Investment Backed by a €500 Million Loan
The financing package, led by HCOB, supports Proxima’s ambitions to modernise France’s transport infrastructure and serve a wider customer base. The loan:
- Purchase of 12 high-speed Avelia Horizon trains,
- It finances a stronger connection between Paris and Western France.
Alstom and Proxima Collaboration
Next, A contract worth €2024 million with Alstom in October 850 officially started the project by signing this agreement:
- Delivery of 2028 trains by 12,
- Providing technical maintenance services for 15 years contains.
Alstom's Avelia Horizon Proxima's trains are known for their energy efficiency, comfort and high performance. They are set to transform rail transport in the regions it serves.
Legal and Operational Support with Clifford Chance
In December 2024, Proxima will hire a British law firm to implement the project smoothly and ensure compliance with legal requirements. Clifford Chance has collaborated with. This partnership ensures effective management of financial and operational processes.
Proxima's Goals with High-Speed Trains
Proxima is developing rail services between Paris and Western France, 10 million seat capacity This development will strengthen both intra-French transport and connections between cities on the Atlantic coast and Paris.
Increasing Competition in the French Railway Sector
Proxima, French railway giant To SNCF aims to increase competition in the sector by challenging.
- Avelia Horizon trainswill provide greater comfort and efficiency in high-speed rail services.
- By providing passengers with more choice, it will make rail transport more sustainable, both economically and environmentally.
Proxima's Impact and Future
This project demonstrates France's commitment to promoting innovation in rail transport. 10 million seat capacity per year, will encourage the transition from road transport to rail by enabling more passengers to be transported.
Proxima’s initiative has the potential to pioneer a sustainable model for rail transport not only for the French rail network, but also across Europe.
A New Era in French Railway Transportation
Proxima’s investment in Avelia Horizon trains will transform rail transport between Paris and cities on the Atlantic coast. With financing led by HCOB, technical expertise from Alstom and legal support from Clifford Chance, the project will make a significant contribution to France’s modern transport infrastructure. Proxima sets new standards in the industry by combining comfort, efficiency and sustainability in rail services.
