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New financing round completed!
NewsEuropean Locomotive Leasing (ELL) has concluded a financing round of € 250 million in the form of a 7-year senior secured CAPEX revolving credit facility. The financing will support the further growth of ELL’s fleet, which will grow to over 300 Siemens Vectron locomotives.
ELL will thus further secure its leading market position as owner of the largest Vectron fleet. 12 banks are now involved in the financing of ELL. With this round, two more were added to the existing banking club. ELL was founded in 2014 with offices in Vienna and Munich and has developed into a major provider of leasing and services for electric locomotives throughout continental Europe. The company’s portfolio includes the largest Vectron fleet in Europe, which is used for both freight and passenger train operators. ELL’s locomotives are fully electrified and thus make an important contribution to the decarbonization and electrification of the rail sector. The Vectron locomotives are known for their flexibility and are suitable for operation in various European countries and railroad systems.
ELL CEO Christian Kern:
That was ELL at Innotrans 2024!
News🌍🚆 InnoTrans 2024 has come to a successful end!
A big thank you to everyone who visited our stand and networked with our team. 🙌
Check out the highlights of our InnoTrans experience in this video 🎥. We look forward to future collaborations!
Challenges and opportunities in rail freight transport: a look into the future
NewsPodcast: Why does freight traffic roll by road and not by rail?
In the latest episode of the ÖAMTC podcast “What moves us”, presenter Marcel Kilic and our CEO Christian Kern discuss the challenges and developments in freight transport. They shed light on the reasons for the decline in rail freight transport in Europe, including high energy prices and a lack of investment in infrastructure. Kern emphasizes the need for political measures and investments to shift freight transport to rail and thus promote sustainable mobility.
Podcast in German language only!
Cover picture © Matej Pleško