Sweden. A-Train AB

Date of agreement:25 Mar 2025
Country:Sweden
Customer:A-Train AB
Amount in SEK:SEK 560.5 million
Amount in EUR:EUR 51 million
Maturity:8 years

This loan contributes to climate change mitigation: 100%

Project

NIB has provided a loan to A-Train AB for the purchase of new trains for the Arlanda express rail connection between Stockholm Arlanda Airport and Stockholm Central, Sweden. This project aims to enhance the efficiency and capacity of the Arlanda express service.

NIB played an important role in co-financing the construction of the Arlanda Line by extending two loans—one in 1997 and another in 1999—with the line being inaugurated later that same year.

Fulfilment of NIB's mandate

Productivity
The loan will co-finance the acquisition of seven new electric high-speed multiple unit trains for the Arlanda express. These new trains will replace the existing fleet, with the original trains kept as backups. The new trains will increase seat capacity by 50% and departure frequency will increase from four departures per hour to six.

This upgrade is expected to support growing passenger volumes, which are projected to rise from 22 million to 40 million by 2050 due to regional population growth and increased travel.

Environmental
The new trains will be fully electric and run on renewable electricity, contributing to a reduction in carbon emissions. Up to 95% of passengers are airline travellers, with the remaining 5% being airport workers.

Sustainability summary

No significant negative environmental aspects have been identified from the manufacturing or operation.

Press release
23.04.2025

NIB finances new trains for Arlanda express

Press release

NIB finansierar nya tåg till Arlanda express