06/12/2007 (Agence Europe) - The European Investment Bank (EIB) has just granted a €340 million loan to finance the purchase of rolling stock and upgrading of RENFE's existing equipment. The project financed involves the acquisition of 140 trains and installation of ERTMS equipment in 413 trains to enhance traffic safety. It consists exclusively of investment in suburban networks, mainly in Madrid, Barcelona, Seville, Cadiz, Malaga and Murcia. The project chimes perfectly with the EIB's...