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EIB grants $250mn loan for Costa Rica’s first electric train

The European Investment Bank unlocks an unprecedented $250mn loan to support the construction of Costa Rica’s first electric rail system, in partnership with two regional financial institutions.

EIB grants $250mn loan for Costa Rica’s first electric train

SectorMobilité
ThemeInvestissements & Transactions, Développement de projets, Financement

The European Investment Bank (EIB), through its development arm EIB Global, has granted a $250mn loan to support the construction of Costa Rica’s first electric train system. This marks the EIB’s first financing in the country in over a decade and an unprecedented cooperation with the Central American Bank for Economic Integration (CABEI) and the Green Climate Fund.

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