At the InnoTrans event in Berlin in September 2024, Arenaways proudly showcased its new livery for the ATR 220 trains, designed by Railcolor Design. These sleek trains are set to begin operations in Italy’s picturesque Piedmont region in January 2025. Adding to the excitement, Arenaways announced two prominent new partners: Renfe Proyectos Internacionales and Serena Industrial Partners, who have each acquired a 33% minority stake in the company.
A new era for Arenaways
Eight months after announcing reviving the long-closed Cuneo-Saluzzo-Savigliano rail line, Arenaways Longitude Holding is strengthening its foundation with these international investments. Renfe Proyectos Internacionales and Serena Industrial Partners, both leaders in their fields, bring global expertise and financial strength to support Arenaways’ mission of revitalizing regional rail in Italy.
Also, with its new international stakeholders, Arenaways remains firmly rooted in its Italian identity, with headquarters in Turin. Matteo Arena continues as General Manager, while Inmaculada Gutiérrez Carrizo has been appointed President of the Board. Meanwhile, company founder Giuseppe Arena has been honoured as Honorary Chairman, a nod to his legacy in Italian rail.
Founded in 2021, the new Arenaways aims to reconnect Italy’s regions through sustainable and efficient rail services. Starting in January 2025, the company will run 14 daily trains on the Savigliano-Saluzzo-Cuneo route. Looking ahead, Arenaways plans to reopen the Ceva-Ormea line by 2028 with ten daily services and is exploring expansion to other underserved lines across Italy. Additionally, it is planning for intercity connections across Italy, linking the northwest, northeast, and North-central-southwest regions.
About the New Partners
- Renfe Proyectos Internacionales is a subsidiary of Renfe and oversees the group’s international projects and operations. The company manages rail services in various European countries, including France, the Czech Republic, and Slovakia, and is developing the Rail Baltica Global Project. Beyond Europe, Renfe is also active in the Middle East and the Americas.
- Serena Industrial Partners is an independent investment fund management firm specializing in strategic infrastructure. Managing a portfolio of 13 assets across five countries with a capitalisation of EUR 1.75 billion, Serena focuses on mobility, environmental projects, and socio-digital infrastructure. Arenaways represents Serena’s first investment in Italy and its 14th asset overall.
The Future Looks Bright
So with a bold new look, strong international support, and a commitment to reviving Italy’s regional railways, Arenaways is on track to return to the tracks. Get ready for January 2025, when the first trains roll out, reconnecting communities and redefining rail in Italy!
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