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Press Release29 June 2021Siemens Mobility GmbHMunich
Siemens
Mobility and Paribus sign framework agreement for 30 Vectron Dual Mode
locomotives
First call for seven locomotives
Maintenance contract for up to 20 years
Delivery of first call by the end of 2021
Siemens
Mobility and Paribus Rail Investment Management GmbH (Paribus), part of the
Paribus Group, have signed a framework purchase agreement and a full-service
contract for up to 30 Vectron Dual Mode locomotives. The investment was
arranged and structured by Paribus for RIVE Private Investment (RIVE), a
private equity investment company headquartered in Paris. Along with the
signing of the agreement, a call was placed for seven locomotives for which Northrail
GmbH, also belonging to the Paribus Group, has already concluded rental
contracts with German railway companies. The seven locomotives, planned for
freight transport in Germany, are to be delivered beginning in September 2021.
Siemens Mobility will provide full service for the locomotives for a period of
up to 20 years.
First call for seven locomotives
Maintenance contract for up to 20 years
Delivery of first call by the end of 2021
Siemens
Mobility and Paribus Rail Investment Management GmbH (Paribus), part of the
Paribus Group, have signed a framework purchase agreement and a full-service
contract for up to 30 Vectron Dual Mode locomotives. The investment was
arranged and structured by Paribus for RIVE Private Investment (RIVE), a
private equity investment company headquartered in Paris. Along with the
signing of the agreement, a call was placed for seven locomotives for which Northrail
GmbH, also belonging to the Paribus Group, has already concluded rental
contracts with German railway companies. The seven locomotives, planned for
freight transport in Germany, are to be delivered beginning in September 2021.
Siemens Mobility will provide full service for the locomotives for a period of
up to 20 years.
“The Vectron Dual Mode is an innovative investment in the future of rail
freight transport. As a sustainable alternative to conventional diesel
locomotives, the Vectron Dual Mode can flexibly switch from diesel to electric
operation on electrified stretches,” said Gerhard Greiter, CEO Region Northeast
Europe at Siemens Mobility. “With the long-term maintenance contract, we will
further expand and enhance our service competence in Germany. Paribus will
profit from having lifecycle costs that are optimized and can be planned, and
from maximized availability of the locomotives.”
"With our
acquisition of the new Siemens Vectron Dual Mode locomotives, we have made an
important decision toward ensuring a sustainable future for rail freight
transport when it comes to energy efficiency and pollutant reduction,"
explained Dr. Volker Simmering, Managing Partner of Paribus Rail Investment
Management GmbH and Northrail GmbH. "By expanding its fleet of locomotives
to include the Vectron Dual Mode, Northrail GmbH will ensure that its customers
have the highest possible operational flexibility on all route sections and at
the same time save resources."
The Vectron
Dual Mode is based on the proven Vectron platform and components. The locomotive
has a track gauge of 1,435 mm and weighs 90 tons. It is designed to operate on
a 15 kV AC voltage system and is equipped with a PZB train protection system. In
both of its operating modes, traction power at the wheel rim is 2,000 kW. The
fuel tank holds 2,600 liters of diesel. The locomotive’s maximum speed is 160
km/h.
Paribus previously
signed a framework agreement with Siemens Mobility in 2019 for the delivery of
25 Smartron locomotives. To date, 16 locomotives from this agreement have been
called up.
Siemens Mobility is a separately managed company of Siemens AG. As a leader in transport solutions for more than 160 years, Siemens Mobility is constantly innovating its portfolio in its core areas of rolling stock, rail automation and electrification, turnkey systems, intelligent traffic systems as well as related services. With digitalization, Siemens Mobility is enabling mobility operators worldwide to make infrastructure intelligent, increase value sustainably over the entire lifecycle, enhance passenger experience and guarantee availability. In fiscal year 2020, which ended on September 30, 2020, Siemens Mobility posted revenue of €9.1billion and had around 38,500 employees worldwide. Further information is available at:
www.siemens.com/mobility.