en.Wedoany.com Reported - German rail vehicle leasing company Railpool has obtained a €100 million promotional loan from KfW IPEX-Bank for the procurement of new locomotives. This loan falls under the KfW 269 program, designed to support sustainable transport investments. The locomotives financed are planned to be deployed primarily in the German market, aiming to shift freight transport from road to rail and contribute to the decarbonization of the transport sector.
As the sole lender, KfW IPEX-Bank integrated this €100 million capital expenditure facility into Railpool's existing financing platform and continues to act as the facility agent. Aida Welker, a member of the Management Board of KfW IPEX-Bank, stated, "Naturally, we want to offer our clients all available financing instruments. That's why we are particularly pleased to support our esteemed client Railpool with this KfW promotional loan." Ingo Wurzer, Chief Financial Officer of Railpool, said, "We are very pleased to strengthen our growth through this new cooperation and the expansion of our long-term partnership with KfW IPEX-Bank."
This locomotive financing reflects the ongoing demand for electric and hybrid locomotives in the European rail leasing market, highlighting the increasingly prominent role of leasing companies in fleet renewal. Founded in 2008 and headquartered in Munich, Railpool operates in 19 European countries. It boasts a fleet of over 600 electric and hybrid locomotives and 148 passenger coaches, representing a total investment of approximately €2.7 billion. Its fleet covers an annual distance of 85 million kilometers. The company also operates six of its own workshops and collaborates with a network of European partners, maintaining an internal inventory of over 4,500 spare parts and components.
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