Alstom, Northrail (Germany) and RIVE Private Investment (France) sign a framework contract for 50 Traxx Universal locomotives including services.
Alstom and Northrail AG have signed a framework contract for 50 Traxx Universal multi-system locomotives with a full maintenance package for up to 16 years. The investment was organised and structured by Northrail for the Paris-based infrastructure investment company RIVE Private Investment (RIVE).
Northrail will act, on behalf of RIVE, as asset manager and lessor of the locomotives. The basic order includes 15 multi-system locomotives and eight years of full maintenance. The maximum value of the contract is €370 million. Production will take place at Alstom’s headquarters in Kassel, Germany and is scheduled to start in 2025.
Traxx locomotives equipped with ETCS
All locomotives will be equipped with ATLAS, Alstom’s on-board solution for the European Train Control System (ETCS). The European standardised train control system for seamless cross-border traffic enables higher speeds and frequencies on the railways.
Müslüm Yakisan, President of the DACH region (Germany, Austria, Switzerland) at Alstom, said: “Traxx locomotives are an innovative investment in the future of rail transport. With more than 150 years of experience and worldwide references, Alstom is pleased to further contribute to the digitalisation and sustainability of rail transport. Given the long-term maintenance agreement, Northrail will also benefit from optimised and planned lifecycle costs and maximum locomotive availability.”
Michael Trentzsch, member of Northrail’s Executive Committee, added: “With this innovative new multi-system locomotive, which includes in particular the homologation for France, we are very pleased to once again be a leader in the locomotive leasing industry. Thus, we are looking forward to receiving our first locomotive in 2025 and thus fostering our relationship with Alstom.”
Camille Brunel, Partner at RIVE, said, “This first order with Alstom is a testament to our confidence in Alstom’s new products and innovation capabilities. This order placed through our leasing platform established with our long-standing partner Northrail will further strengthen RIVE’s rail strategy. By supporting innovation and bringing efficient products to operators, RIVE is actively contributing to Europe’s energy and environmental transition policy.”