[EU] Alpha Trains sets basis for further growth; 24 new trains and 14 new locomotives

On 04.11.2019, the Alpha Trains Group released a press statement about the renewal and increase of credit facilities for future growth. It contains several news facts concerning rolling stock:

  • Alpha Trains refinanced some of its existing bank debt, secured further bank funds with a total volume of over € 500 million, and raised an additional € 200 million through a US private placement. Part of the transaction is the integration of the thirteen Stadler FLIRT EMUs for the Teutoburger Wald-Netz concession into the company financing platform. Keolis is the operator of these trains.
  • Furthermore, Alpha Trains arranged a € 140 million green bank financing to fund the purchase of 24 new passenger trainsets and 14 new locomotives which will be leased to its customers on a long-term contract basis. The manufacturers of these trains and locomotives are Stadler and Siemens.