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            may 23, 2019

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CILF 2019

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Siemens Mobility and Paribus sign framework agreement for 25 Smartron locomotives


Siemens Mobility and Paribus Holding GmbH & Co. KG, a Hamburg-based investment and asset management firm for rail rolling stock and real estate, have signed a framework agreement for the delivery of 25 Smartron locomotives. The deal was arranged and structured by Paribus for Paris-based RIVE Private Investment. The asset management of the locomotives will be handled by northrail GmbH, the rail asset management subsidiary of Paribus. Four locomotives valued at €2.5 million each have already been ordered. Three of these will be leased by northrail GmbH to TX Logistik AG. The locomotives are intended for freight transport in Germany. Deliveries are scheduled to begin in October 2019. Siemens Mobility will also be responsible for maintenance of the locomotives for a period of eight years.
“Our new Smartron offers our customers a powerful and reliable locomotive delivered in a fixed standard design that simplifies the purchasing process. As a preconfigured locomotive, the Smartron enables our customers to operate cost-effectively with a high degree of availability,” said Sabrina Soussan, CEO of Siemens Mobility.
“With the addition of the Siemens Mobility’s Smartron locomotives to the northrail fleet, we are taking another big step towards an intelligent and resource-saving locomotive fleet,” said Dr. Volker Simmering, CEO of Paribus Holding GmbH & Co. KG and managing partner of northrail GmbH. “We’re especially pleased that TX Logistik has decided to become the first lessee of this reliable locomotive based on proven technology.”
The Smartron is based on proven components of the Vectron, a locomotive that has already demonstrated its reliability in over 180 million operating kilometers covered by more than 600 delivered units. The Smartron is designed for 15-kV AC voltage systems and is equipped with the PZB/LZB train control system. The locomotive is delivered in the standard color of “Capri Blue.”

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