Equipment Finance News Alpha Trains expands fleet with up to 70 new Vectrons Published: 4th September 2024 Share Copyright Siemens Mobility GmbH Alpha Trains, the largest private rolling stock lessor in Continental Europe, has announced a significant expansion of its fleet with the addition of up to 70 new Vectron locomotives. This expansion comes as part of a framework agreement signed with Siemens Mobility in July 2024, which includes an initial order of 35 locomotives. The framework agreement specifies the delivery of multiple Vectron locomotive variants, including both the Vectron Multi-System and Vectron Dual Mode models. This move marks a significant milestone for Alpha Trains, as the order includes the first-ever Vectron locomotives designed specifically for operation in France. These new locomotives will bolster Alpha Trains’ capacity to serve key corridors across Germany, Austria, Switzerland, Italy, Belgium, the Netherlands, France, and potentially Luxembourg. The Vectron locomotives, known for their robust performance with a maximum power of up to 6.4 megawatts and a top speed of 200 km/h, will be manufactured at Siemens Mobility’s Munich-Allach plant. The first units are expected to be delivered by the end of 2026. In addition to the locomotive order, Alpha Trains and Siemens Mobility have agreed to extend their existing service contract, signed in 2023, to include maintenance of the new locomotives in Belgium and France. This extension highlights Alpha Trains’ commitment to expanding its operations in the French market and reinforces its dedication to sustainable transport solutions across Europe. Vincent Pouyet, Managing Director of Alpha Trains’ Locomotives Division, expressed enthusiasm for the fleet expansion, stating: “We are very pleased to be able to further increase our fleet of Vectron locomotives yet again and to further strengthen our market position, especially in the French market. There is a growing demand from our existing and new customers for efficient and state-of-the-art multi-system locomotives. With this latest order, we can ensure that our customers have the highest possible operational flexibility on all their routes with a proven and highly available platform.” Albrecht Neumann, CEO of Rolling Stock at Siemens Mobility, echoed this sentiment, adding, “We are delighted to continue our successful partnership with Alpha Trains and glad to support their fleet expansion with our Vectron locomotives. “The inclusion of our multi-system and dual mode variants in the framework agreement reflects our commitment to providing Alpha Trains and their customers with the most versatile and efficient solutions for their railway operations. We are especially proud to deliver the first multi-system locomotives for France, which demonstrate their capabilities in terms of power, speed and cross-border operations. This milestone achievement will not only enhance Alpha Trains′ existing fleet, but also play a significant role in advancing sustainable transportation throughout Europe.” Lisa Laverick Editor - Asset Finance Connect Sign up to our newsletter Featured Stories NewsFoundation report reveals challenges in US construction industry NewsCHG-MERIDIAN establishes ISO-certified management systems throughout Europe NewsLondon electric taxi firm secures £1.6m to drive further growth Equipment Finance