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PARIBUS Rail Investment Management has signed a framework contract with Siemens Mobility to purchase up to 30 Vectron dual mode locomotives, which includes an immediate call for seven units for German locomotive leasor, Northrail, a Paribus subsidiary.
Delivery of the seven 160km/h locomotives is scheduled for September and they will be used for freight services in Germany with rental contracts already in place with operators. Siemens will also maintain the locomotives for up to 20 years.
The 90-tonne 15kV ac locomotive is equipped with PZB train protection, and offers an output of 2MW in both electric and diesel mode. The locomotive has a 2600-litre fuel tank.
Rive Private Investment, a private equity investment company based in Paris, arranged finance for the deal.
“With our acquisition of the new Siemens Vectron dual mode locomotives, we have made an important decision toward ensuring a sustainable future for rail freight transport when it comes to energy efficiency and pollutant reduction,” explained Dr Volker Simmering, managing partner of Paribus Rail Investment Management and Northrail. “By expanding its fleet of locomotives to include the Vectron dual mode, Northrail will ensure that its customers have the highest possible operational flexibility on all route sections and at the same time save resources.”
Paribus signed a framework order with Siemens in 2019 for the delivery of 25 Smartron locomotives, of which 16 locomotives have been ordered.
This article first appeared on www.railjournal.com
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