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Touax: EIB provides finance for Touax Rail's investment plan
Touax: EIB provides finance for Touax Rail's investment plan

Yahoo

time12-06-2025

  • Business
  • Yahoo

Touax: EIB provides finance for Touax Rail's investment plan

PRESS RELEASE Luxembourg, 12th June 2025 – 5:45 pm EIB provides finance for Touax Rail's investment plan A €50 million EIB loan will enable Touax to increase its fleet of freight railcars This operation is being backed by the European Union's InvestEU programme to promote efforts to decarbonise transport Touax has announced a €50 million green loan – a loan that is entirely dedicated to climate action – from the European Investment Bank (EIB) for the freight railcars part of its business. The EIB, which is the EU climate bank, is backing Touax's sustained commitment to clean freight transport by supporting the Touax Sustainable Transportation project. Touax Rail received the loan on 30 April 2025 with a term of 14 years, providing the company with the stability it needs to carry out its long-term investment plan. This operation is backed by a guarantee under the European Union's InvestEU programme, which, among other target areas, aims to provide finance for sustainable and more environmentally friendly infrastructure projects. Touax Group Managing Partners, Fabrice and Raphaël Walewski said: 'This long-term loan from the European Investment Bank is fully in line with our sustainable financing strategy and will enable us to enter the upcoming investment cycle in the freight railcars part of our businesses with full confidence. EIB support reinforces the infrastructure part of our corporate profile and our ongoing commitment to decarbonising the economy.' EIB Vice-President, Ambroise Fayolle added: 'Making the switch from road to rail freight is a way to reduce CO2 emissions and makes the transport sector less polluting. The EIB, the EU's climate bank, is therefore delighted to support Touax's investments in new railcars, which will increase the supply of freight railcars available under lease. This will help rail operators pursue their environmental initiatives in the freight transport sector.' Touax has created an innovative financial structure, combining existing debt at commercial banks specialising in asset financing with new debt from the EIB. When drafting the agreements, Touax was advised by Norton Rose Fulbright (Paris) and McCann FitzGerald (Dublin), and the EIB was advised by William Fry (Dublin). Touax Upcoming meetings 18 September 2025: Presentation of the half-year results (French) 19 September 2025: Presentation of the half-year results (English) TOUAX Group leases out tangible assets (freight railcars, river barges and containers) on a daily basis worldwide, both on its own account and for investors. With €1.3 billion of assets under management, TOUAX is one of the leading European players in the leasing of such equipment. TOUAX is listed on the EURONEXT stock market in Paris - Euronext Paris Compartment C (ISIN code: FR0000033003) - and is listed on the CAC® Small, CAC® Mid & Small and EnterNext©PEA-PME 150 indices. For further information please visit: The European Investment Bank is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives. In 2024 the EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 projects in Europe and across the world. In France, the EIB Group signed more than 100 operations in 2024 for a total amount of €12.6 billion. Almost 60% of the EIB Group's annual financing supports projects contributing to climate change mitigation, adaptation, and a healthier environment. Press contacts: EIBAndrea Morawski +352 691 284 | Press Office: press@ TOUAXFabrice & Raphaël WALEWSKItouax@ +33 1 46 96 18 00SEITOSEI ● ACTIFINGhislaine +33 1 56 88 11 22 Attachment PR - Touax and EIB - ENGError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Gig reminder: Black Coffee is performing in Dubai tomorrow
Gig reminder: Black Coffee is performing in Dubai tomorrow

What's On

time02-04-2025

  • Entertainment
  • What's On

Gig reminder: Black Coffee is performing in Dubai tomorrow

Afro-house at its finest… Are you in Dubai on April 3? Love Afro-house? Black Coffee is making his way back to Dubai tomorrow, and this time, he's headlining Pacha ICONS at Playa Pacha, FIVE Luxe, on Thursday, April 3. If you you've seen Black Coffee live before, you know the vibe. If it's your first time, expect a groovy, soulful musical journey led by one of the biggest legends in the Afro-house scene. Sharing the lineup for the night are Parallelle, the genre-blurring Dutch duo, known for blending live instruments with electronic sounds. Fabrice will be on hand to keep the party going with his signature mixes. Black Coffee: Need-to-know facts Grammy-winning artist: Won Best Dance/Electronic Album for Subconsciously in 2022. Global collaborator: Has worked with Drake, David Guetta, and Alicia Keys. Afro-house pioneer: A driving force behind the genre's rise worldwide. Started from the underground: First gained international recognition at Red Bull Music Academy in 2003. Fashion meets music: Frequently spotted at Balenciaga and Louis Vuitton events. Playa Pacha, Five Luxe, JBR, Thursday April 3, 7pm-2am, tickets starting at Dhs450, available on Images: supplied > Sign up for FREE to get exclusive updates that you are interested in

Black Coffee headlines ICONS by Pacha Dubai next week
Black Coffee headlines ICONS by Pacha Dubai next week

What's On

time28-03-2025

  • Entertainment
  • What's On

Black Coffee headlines ICONS by Pacha Dubai next week

Afro-house at its finest… Are you in Dubai on April 3? Love Afro-house? Black Coffee is making his way back to Dubai, and this time, he's headlining ICONS by Pacha at Playa Pacha, FIVE Luxe, on Thursday, April 3. If you you've seen Black Coffee live before, you know the vibe. If it's your first time, expect a groovy, soulful musical journey led by one of the biggest legends in the Afro-house scene. Sharing the lineup for the night are Parallelle, the genre-blurring Dutch duo, known for blending live instruments with electronic sounds. Fabrice will be on hand to keep the party going with his signature mixes. Black Coffee: Need-to-know facts Grammy-winning artist: Won Best Dance/Electronic Album for Subconsciously in 2022. Global collaborator: Has worked with Drake, David Guetta, and Alicia Keys. Afro-house pioneer: A driving force behind the genre's rise worldwide. Started from the underground: First gained international recognition at Red Bull Music Academy in 2003. Fashion meets music: Frequently spotted at Balenciaga and Louis Vuitton events. Playa Pacha, Five Luxe, JBR, Thursday April 3, 7pm-2am, tickets starting at Dhs450, available on Images: supplied > Sign up for FREE to get exclusive updates that you are interested in

Pacha ICONS at Playa Pacha, FIVE LUXE (Dubai) , Full Season Lineup Announced
Pacha ICONS at Playa Pacha, FIVE LUXE (Dubai) , Full Season Lineup Announced

Web Release

time28-02-2025

  • Entertainment
  • Web Release

Pacha ICONS at Playa Pacha, FIVE LUXE (Dubai) , Full Season Lineup Announced

Entertainment Web Release Selection By Editor_wr On Feb 28, 2025 Pacha ICONS has lined up an irresistible array of international talent to headline at Playa Pacha, FIVE LUXE (Dubai) before the end of May 2025. 3 April is headlined by South African Black Coffee, a true innovator in the world of electronic music known for his collaborations with global icons like Drake and Alicia Keys, and his groundbreaking album Subconsciously. Joining him are Parallelle, the Dutch brothers who have created a unique, dynamic fusion of live instruments, vocals, and electronic music. Fabrice will complete the lineup with his expert mixes, ensuring an elevated experience throughout the night. 11 April sees platinum-selling Liverpool duo CamelPhat arrive having firmly established themselves as one of the most in-demand acts on the planet. From legendary residencies at the world's best clubs including the last two summers at Pacha Ibiza to collaborations and chart topping singles with the likes of Anyma, Elderbrook, Jake Bugg and Jem Cook, they have led the electronic scene from the front for the last decade, gathering millions of streams worldwide. Joining them is Adam Ten, a talented musician and unique DJ who mixes a wide range of genres into emotional roller coasters and Dubai favourite Sam Oui completes another unmissable edition. 25 April, Mochakk plays and is a meticulous producer and mesmerising performer who has embarked on sold-out shows across the globe, done epic B2B sets with Black Coffee and Disclosure, and released standout records including his Beatport Number 1 'Jealous' and 'Locomotiva Ibiza 2099' on CircoLoco Records featuring Tommy Genesis and VTSS and his forthcoming 'From the Stars' EP on Ninja Tune. Also playing is German tastemaker and party starter Gerd Janson who heads up the Running Back label and plays across the house and disco spectrum with great energy. Fabrice also adds his sounds to the party. World renowned Keinemusik co-founder Rampa brings his innovative melodic and Afro grooves on 3 May in what will be another night of unmissable underground sounds in Dubai with Benji B and Anrey also lining up. Rampa is one of electronic music's most definitive artists. As a core member of the Keinemusik collective he has played all over the world and led the electronic music scene from the front. His DJ sets are a masterclass in musical storytelling and his productions are rich in meticulous synth design. 10 May is headlined by ANOTR who pride themselves on finding new ways to approach house music. They are storytellers with a deeply emotional sound who always put plenty of personality into their work and influences from soul, jazz, disco and funk. Their aim whenever they play around the world is to help you get lost in the moment and go with them on a cultured musical adventure. Joining them, TOMAN is at the heart of The Netherlands' electronic landscape after many standout releases via a host of leading labels and gigs across the globe where he lays down his fresh and emotive house sounds. Finally, BLONDi brings an underground minimal house to this unmissable party. This party invites you to dance to the best electronic artists of our time backed by 50 years of party expertise from the legendary Pacha Ibiza. This party is an essential experience in Dubai. Availability on the dancefloor is limited, so secure your spot now. Pacha ICONS at Playa Pacha, FIVE LUXE: 3 April 2025 with Black Coffee with support from Parallelle and Fabrice 11 April 2025 with CamelPhat , with support from Adam Ten and Sam Oui 25 April with Mochakk with support from Gerd Janson and Fabrice 3 May 2025 with Rampa with support from Benji B and ANREY 10 May 2025 with ANOTR with support from TOMAN and BLONDi FIVE LUXE (Dubai)Full Season Lineup AnnouncedPacha ICONS at Playa Pacha Comments are closed.

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