French non-public funding firm RIVE has secured €300m ($328m) financing to buy 55 new locomotives to bolster its European leasing exercise.
RIVE stated the capital was supplied by a banking consortium, together with giant French banks Crédit Agricole and Société Générale.
The order for 55 locomotives contains models from three totally different producers.
15 Vectron dual-mode locomotives manufactured by Siemens Mobility, 20 Traxx MS3 locomotives manufactured by Alstom, and 20 Modula EBB hybrid locomotives manufactured by Vossloh.
The Vectron locos can function as diesel or electrical modes whereas the Traxx trains shall be made obtainable to working corporations in six European international locations, together with France and Germany.
The locomotives shall be delivered between 2024 and 2026, and managed by RIVE’s rolling inventory companion Northrail.
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RIVE non-public funding companion Camille Brunel stated: “The rail sector performs a particular function within the growth of an environmentally pleasant mobility and transport providing. It faces colossal financing wants for the renewal and upkeep of asset fleets, making it a very engaging phase for banks and buyers.
“This operation with our banking companions marks a strategic step within the growth of our impression transport asset portfolio.”
