19 май 2022 г. - (GERMANY) KfW and Siemens Financial Services provide funding for eight new green locomotives

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KfW IPEX-Bank has arranged financing for up to 30 new hybrid Siemens Vectron Dual Mode (VDM) locomotives managed by Northrail for its long-standing customer RIVE Private Investment. The lending volume of up to €92.5 million will be provided jointly with Siemens Financial Services through Siemens Bank.

The first ten locomotives financed under this framework purchase agreement are already in use by various railway operators or will soon be delivered to them. As the market response to the locomotives remains very positive, an additional eight VDMs have now been ordered from the manufacturer. They will be delivered in stages from 2023. More requests for disbursement to secure further deliveries in 2024 are already being coordinated.

“We are pleased to be able to support our long-standing customer RIVE Private Investment with this transaction,” explained Andreas Ufer, member of the Management Board of KfW IPEX-Bank. “At the same time, with these state-of-the-art locomotives we are making a positive contribution to the transition of rail traffic in Germany.”

The financed locomotives can run on electrified routes without emitting any direct emissions and are able to bridge non-electrified route sections using a diesel generator. The result is significantly lower CO2 emissions, as non-electrified sections had previously made it necessary to use diesel vehicles on the entire route.

https://www.electricandhybridrail.com/content/news/kfw-and-siemens-financial-services-provide-funding-for-eight-new-green-locomotives

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