This financial arrangement was facilitated by a consortium of banks, including KfW IPEX-Bank, Crédit Agricole CIB, Société Générale, and Siemens Financial Services via Siemens Bank. Additionally, the deal provisions for the possibility of expanding the facility by up to €225 million in the future.
This newly secured financing is set to support a current order by Northrail (rolling stock asset manager for RIVE) comprising various locomotive models. The order includes 15 Vectron Dual-Mode locomotives from Siemens Mobility, 20 Traxx MS3 locomotives by Alstom, and 20 Vossloh Rolling Stock Modula EBB hybrid locomotives. The delivery of these locomotives is scheduled between 2024 and 2026.
