Paribus sign framework agreement for 25 Smartron locomotives

Siemens Mobility and Paribus Holding GmbH & Co. KG signed a framework agreement for the delivery of 25 Smartron locomotives. The initial order includes 4 locomotives valuated at EUR 2.5 million and, under the agreement, Siemens Mobility will be responsible for maintenance for a period of eight years. The new locomotives will be put into commercial operation for freight transport in Germany. Three of these will be leased by northrail GmbH to TX Logistik AG.
The deal was arranged and structured by Paribus for Paris-based RIVE Private Investment. The asset management of the locomotives will be handled by northrail GmbH, the rail asset management subsidiary of Paribus, a Hamburg-based investment and asset management firm for rail rolling stock and real estate.
The Smartron is based on Vectron’s components. The locomotive has already demonstrated its reliability in over 180 million operating kilometers covered by more than 600 delivered units. The Smartron is designed for 15-kV AC voltage systems and is equipped with the PZB/LZB train control system. The locomotive is delivered in the standard color of “Capri Blue.”

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