New delivery of Vectron AC locomotives for Switzerland reaffirms the high level of reliability and performance of Siemens Mobility’s Vectron platform

New delivery of Vectron AC locomotives for Switzerland reaffirms the high level of reliability and performance of Siemens Mobility’s Vectron platform

• Siemens Mobility delivers Vectron AC locomotives
• Contract includes maintenance for eight years

(PRESS RELEASE) MUNICH, 15-Jul-2022 — /EuropaWire/ — Siemens Mobility, redefining mobility with intelligent infrastructure, sustainability, passenger experience and availability and a separately managed company of Siemens AG, has announced a new order of 35 Vectron AC locomotives coming from Reichmuth & Co Investment Management AG, through its investment vehicle LokRoll 3 AG, to be leased to SBB Cargo, a subsidiary of Swiss Federal Railways, for eight years through its asset manager Northrail GmbH, which it commissioned for the deal. The transaction has been carried out by Paribus Rail Investment Management GmbH, a specialist in real estate and railway investments. In addition to maintaining the locomotives locally for eight years, Siemens Mobility will manufacture the Vectrons at its Munich-Allach plant and deliver them in 2024.   

“The fact that we are again delivering locomotives for Switzerland confirms the high level of reliability and performance of our Vectron platform. Although the AC locomotives will primarily operate in Switzerland, they can also be used for cross-border service in Germany and Austria. This enables our customer to plan for the future in a long-term and flexible manner,” said Albrecht Neumann, CEO Rolling Stock of Siemens Mobility.

“With the Vectron mainline locomotives, we can increase the reliability of our most important transportation equipment and thus further enhance the quality of service for our customers,” said a delighted Désirée Baer, CEO of SBB Cargo.

“We are especially pleased that, together with LokRoll 3, we are now undertaking our third locomotive transaction in cooperation with SBB Cargo and once again relying on the high-quality Vectron AC locomotives from Siemens Mobility,” said Dr. Stefan Hasenböhler, CEO of Reichmuth & Co Investment Management AG.

Siemens Mobility has already sold 150 locomotives to Swiss customers. The new locomotives ordered for SBB Cargo will be equipped with the European Train Control System (ETCS) BL3 as well as the required national train control systems.

More than 1,400 orders for the Vectron from Siemens Mobility have been received to date, and the Vectron fleet has covered over 600 million kilometers in service so far. The locomotive is approved for operation in Austria, Belgium, Bulgaria, Croatia, the Czech Republic, Denmark, Finland, Germany, Hungary, Italy, the Netherlands, Norway, Poland, Romania, Serbia, Slovakia, Slovenia, Sweden and Switzerland.

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 2021, which ended on September 30, 2021, Siemens Mobility posted revenue of €9.2 billion and had around 39,500 employees worldwide. Further information is available at: www.siemens.com/mobility.

Reichmuth & Co Investment Management AG is a specialized, pan-European infrastructure asset manager that handles over CHF1.5 billion in direct infrastructure investments in the areas of energy, transport, and waste management. An interdisciplinary team of 18 infrastructure specialists offers institutional investors access to sustainable investment solutions with attractive long-term returns.

Paribus Rail Investment Management GmbH, headquartered in Hamburg, is responsible within the Paribus Group for the development and structuring of rail investments for investors. Northrail GmbH, which also belongs to the Paribus Group, is a leading leasing provider and asset manager for rail vehicles in Europe. Northrail currently manages a portfolio of around 330 locomotives, multiple-unit trains, and passenger coaches used for freight and passenger transport. Northrail develops tailor-made leasing and service offers for its customers and organizes vehicle maintenance. ( www.northrail.de)

Media contact:

Eva Haupenthal
Siemens Mobility GmbH
+49 152 01654597
eva.haupenthal@siemens.com

SOURCE: Siemens Mobility GmbH