KfW IPEX-Bank is providing financial support to Stagecoach Group, aiding the company's refinancing efforts. This financing aligns with Stagecoach's growth objectives and its strategy to electrify its fleet.
Stagecoach, founded in 1980, has grown to become the largest transport operator in the UK. The company offers services that connect over 100 major towns and cities across England, Scotland, and Wales. Recently, Stagecoach was recognized as the leading bus operator in the UK for its initiatives in combating climate change. The company aims to achieve a zero-emission fleet by 2035.
The financial contribution from KfW IPEX-Bank underscores its commitment to supporting public transport and promoting decarbonization within the mobility sector.