31.01.2024

€100m loan for electric equipment

Dutch international rental group Boels Rental has received a €100 million loan from the European Investment Bank (EIB) to purchase more environmentally friendly machines, in order to step up the pace of its decarbonisation strategy.

The newly acquired equipment will be distributed to Boels branches in the Netherlands, Germany, Sweden, Belgium and Luxembourg.
CEO Pierre Boels added: "This EIB loan shows recognition for our leading position in Europe and the efforts of our sustainable fleet strategy. Our continuous investments in sustainable fleet were already significant in recent years and will further expand, supported by this EIB loan. This results in one of the largest sustainable equipment fleets in Europe, which enables our customers to accelerate their journey to decarbonisation.”
\L-R) Guljane Koluman of the EJB with Pierre Boels, Kris Peeters of EJB and Jan Piet Valk of Boels

EIB vice president Kris Peeters said: “Boels is serious about decarbonisation and we as an EU bank support this. The electrification of machines remains an important part of Europe’s efforts to reduce our collective carbon footprint. We hope that more companies will follow Boels’ example.”

Chief executive Pierre Boels added: “This EIB loan is a recognition for our leading position in Europe and the efforts of our sustainable fleet strategy. Our continuous investments in sustainable fleet were already significant in the last years and will further expand, supported by this EIB loan. This results in one of the largest sustainable equipment fleet in Europe, which enables our customers to accelerate their journey to decarbonisation”.

Boels chief financial officer Jan Piet Valk said: “We are delighted and grateful for the real support, granted by the EIB, on our environmental journey and delivering the ambitious targets we have set ourselves.”

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