KfW IPEX-Bank has allocated EUR 45 million to European Locomotive Leasing (ELL) as part of a new EUR 250 million Senior Secured CAPEX revolving credit facility. This financing is aimed at supporting the acquisition of Siemens Mobility Vectron locomotives, which will be integrated into ELL’s expanding fleet.
ELL, established in 2014 with operations in Vienna and Munich, has grown into a key provider of electric locomotive leasing services across continental Europe. The company's portfolio includes the largest Vectron fleet in Europe, servicing both freight and passenger rail operators.
The Vectron locomotives are known for their flexibility, being suited for operations across various European countries and railway systems. ELL’s fully electrified fleet aligns with current trends in decarbonization and electrification within the rail sector.
KfW IPEX-Bank’s involvement in this transaction is part of a broader financial structure to support ELL's continued growth in the European rail leasing market.
