Locomotive leasing company Railpool will receive 100 million euros from KfW IPEX-Bank. The funds will be used to purchase new locomotives primarily for the German market, the company said.
“Through this financing, KfW IPEX-Bank is supporting the shift of freight transport to rail”, Railpool said in a press release. The loan is part of KfW’s Program 269 ‘Investment Loan for Sustainable Mobility’, launched by the bank in 2022 on behalf of the German ministry of transport.
This is the second time that a large rail freight player receives a loan from this package. A couple of months ago, rail freight wagon lessor VTG got 340 million euros for the purchase of new rolling stock. Over the past few years, KfW IPEX-Bank has also invested in MFD Rail for the purchase of over 6,000 intermodal wagons and Wascosa for the acquisition of 570 new units.