CargoBeamer secures 65 million euros in funding for terminals

Rail freight operator CargoBeamer has raised 65 million euros in financing. The money will go to the construction of two terminals: one in Kaldenkirchen, Germany, the other in Domodossola, Italy. It is not the first capital raise over the past 12 months. Earlier, the company raised 140 million euros from shareholders and grants.

The 65 million euros come from Orion Infrastructure Capital (OIC). Part of it consists of equity financing, whereas the remainder comes from taking on debt. An earlier 50 million euros were raised from shareholders, an…