EIB to finance Mitsui Rail Europe locomotive acquisition project

The European Investment Bank may offer Mitsui Rail Capital Europe (MRCE) a EUR 120 million loan for the extension of the locomotive fleet for leasing to European rail freight service operators.
Company’s EUR 250 million project consists in the acquisition of electric locomotives for leasing to European rail operating companies. Most locomotives will be homologated for operation in several countries.
The latest MRCE locomotive acquisition project was signed in June 2016 with Siemens for ten additional Vectron type multisystem locomotives. With this order, MRCE is expanding its Vectron fleet to 66 locomotives. The locomotives will be built in the Siemens plant in Munich-Allach, Germany.
The ordered locomotives are planned for cross-border operation between Germany, Austria and Italy. In addition to having national train control systems, all locomotives will also be equipped with the European Train Control System (ETCS). The locomotives have a maximum output of 6,400 KW and a top speed of 160 km/h.


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