Europe’s leading National Promotional Banks and the European Investment Bank (EIB) have launched Marguerite II, a pan-European infrastructure fund with total commitments in excess of EUR 700 million. The fund benefits from a guarantee by the European Fund for Strategic Investments (EFSI) – the core of the Investment Plan for Europe. It will ensure continued support for key infrastructure investments in renewables, energy, transport and digital infrastructure by the Marguerite platform. Meanwhile, in Finland the EIB signed a EUR 50 million loan agreement on 4 December to help Ramirent, a leading Finnish rental group for construction machinery and equipment, to further modernise and expand its fleet, while in Spain, the EIB and AENA signed a EUR 400 million long-term loan on 1 December to fund the company's investments in airport security. The EIB is also providing the largest financing amount to date for trains in Austria: a EUR 500 million loan to ÖBB-Personenverkehr AG (ÖBB-PV) to purchase new rolling stock. A first EUR 100 million tranche has already been signed with ÖBB-PV.