NIB finances new trains for Arlanda express

NIB has signed a loan agreement with A-Train AB to finance the acquisition of new trains for the Arlanda express rail connection between Stockholm Arlanda Airport and Stockholm Central Station. This investment aims to enhance the efficiency and capacity of the Arlanda express service.

The SEK 560.5 million (EUR 51 million) loan, with a tenor of 6 to 8 years, 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 travelling.

“We are pleased to support A-Train AB in their ambitious project to enhance the Arlanda express service. By increasing access to fast and reliable rail services, we are supporting Sweden’s national transport strategy and contributing to the overall economic growth and social well-being of the region,” says André Küüsvek, President and CEO of NIB.

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.

A-Train AB operates the Arlanda express, a high-speed train service connecting Stockholm-Arlanda Airport with Stockholm Central Station. The company was formed as part of a public-private partnership (PPP) to build and operate the Arlanda Line. Since 1999, A-Train has held the exclusive right to operate this train service, initially under a concession agreement set to expire in 2040, which was extended to 2050. A-Train is owned by two Australian pension funds, STC Pooled Fund and Australian Retirement Funds, and the Chinese investment company Gingko Tree Investment Fund.

NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies S&P Global Ratings and Moody’s.

For further information, please contact
Tore Emanuelsson, Senior Banker, at +358 10 618 0244, tore.emanuelsson@nib.int

Arild Moen, Associate Director, Communications, at +358 10 618 0496, arild.moen@nib.int