Reichmuth & Co Investment Management has ordered 35 additional Vectron AC locomotives from Siemens Mobility through its investment vehicle LokRoll 3 AG.
The Vectrons will be manufactured at the Siemens Mobility plant in Munich-Allach and delivered in 2024.
LokRoll 3 will lease the locomotives to SBB Cargo for eight years through its asset manager Northrail GmbH, which it commissioned for the deal.
The entire transaction was arranged and structured by Paribus Rail Investment Management GmbH. The lease also includes local maintenance of the locomotives by Siemens Mobility for eight years.
“Although the Vectron AC locomotives will primarily operate in Switzerland, they can also be used for cross-border service in Germany and Austria. This enables our customer to plan for the future in a long-term and flexible manner,” Albrecht Neumann, CEO Rolling Stock of Siemens Mobility, said.
Recently, SBB Cargo together with SüdLeasing agreed to acquire 20 Vectron XLoad locomotives which will improve traction performance and increase trailer loads. These new locomotives will also be delivered in 2024. The two companies also ordered from Siemens Mobility 20 Vectron locomotives in 2019 including the provision of long-term full service. The locomotives, equipped with ETCS are to provide transport services on the on Rhine-Alpine-Corridor, in Austria, Switzerland, Italy, Germany and the Netherlands. They are acquired by SüdLeasing which has a leasing agreement with the Swiss rail freight operator.
“With the Vectron mainline locomotives, we can increase the reliability of our most important transportation equipment and thus further enhance the quality of service for our customers,” Désirée Baer, CEO of SBB Cargo said.
SBB Cargo is currently operation a locomotive fleet of 130 vehicles from Siemens Mobility (Vectrons) and from Alstom (Traxx locomotives).
Siemens Mobility has already sold 150 locomotives to Swiss customers. The new locomotives ordered for SBB Cargo will be equipped with the European Train Control System (ETCS) BL3 as well as the required national train control systems.