Antin Infrastructure to launch new train service Proxima in France

Antin Infrastructure Partners SAS

06/06/2024 07:34

June 6 (Reuters) - Antin Infrastructure Partners
 ANTIN.PA  plans to launch a new high-speed train company in
France called Proxima, the French private equity firm said on
Thursday, adding it would initially invest 1 billion euros
($1.09 billion) in the project. 
    The trains will connect Paris with four cities in western
France - Bordeaux, Nantes, Rennes, and Angers - adding 10
million new passenger seats per year on routes which are showing
strong demand, the company said.
    Antin has also signed a memorandum of understanding with
French train maker Alstom  ALSO.PA  to buy 12 high-speed trains,
it said.
    ($1 = 0.9194 euros)

 (Reporting by Olivier Sorgho and Leo Marchandon; editing by
Jason Neely)
 ((Olivier.Sorgho@thomsonreuters.com;))