All Proxima articles
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News
Proxima high speed train order financing in place
FRANCE: Hamburg Commercial Bank has acted as mandated lead arranger for the financing of 12 Alstom Avelia Horizon high speed trains ordered by new market entrant Proxima. A consortium of banks is providing almost €500m compliant with the Loan Market Association’s Green loan criteria towards the ...
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News
Proxima orders high speed trains for French open access services
FRANCE: High speed rail start-up Proxima has signed a €850m firm order for Alstom to supply 12 Avelia Horizon double-deck high-speed trains for its planned open access services between Bordeaux, Nantes, Rennes, Angers and Paris.
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In depth
Comment: Private train operators seek the light
The collapse of Midnight Trains has raised questions about the viability of new entrants in Europe’s open access rail market, despite the optimism surrounding ventures like Le Train and Proxima. Nick Kingsley reflects on the challenges and potential for future success in this competitive landscape.
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News
High speed train start-up Proxima announces €1bn launch plan
FRANCE: High speed rail start-up Proxima has announced a €1bn plan backed by investor Antin Infrastructure Partners to acquire 12 Alstom trainsets and launch open access services from Bordeaux, Nantes, Rennes and Angers to Paris. Proxima has been established by former Voyages SNCF CEO Rachel Picard, ...