€75m EIB loan finances greener fleet of buses in Barcelona
The European Investment Bank is financing the modernisation of Barcelona's fleet of city buses with a €73.5 million loan.
The funding will help Transports Metropolitans de Barcelona put 254 new, safer, less polluting and more modern vehicles into service.
The city will have 116 new electric buses, 63 hybrids and 75 using latest generation compressed natural gas. The renewal will also cover Barcelona's 20 diesel-powered double-decker tourist buses, which will be replaced with hybrids.
The vehicles will be introduced between late 2019 and 2021.