Siemens and Paribus Rail Investment Management has announced that they have signed a framework agreement and service contract for up to 30 Vectron Dual Mode locomotives.

The investment was arranged by RIVE Private Investment, whose headquarters are in Paris.

Along with the agreement, a call was placed for seven locomotives, which are believed to be delivered from September 2021.

Siemens will provide full service for the locomotives for at least the next 20 years.

The dual mode locomotives are designed to operate on 15 kV AC systems and have PZB systems installed. The locomotives have a top speed of 160 kph.

Paribus signed an agreement in 2019 for 25 Smartron locomotives and 16 of these have been called up.

“The Vectron Dual Mode is an innovative investment in the future of rail freight transport. As a sustainable alternative to conventional diesel locomotives, the Vectron Dual Mode can flexibly switch from diesel to electric operation on electrified stretches,” said Gerhard Greiter, CEO Region Northeast Europe at Siemens Mobility. “With the long-term maintenance contract, we will further expand and enhance our service competence in Germany. Paribus will profit from having lifecycle costs that are optimized and can be planned, and from maximized availability of the locomotives.”

“With our acquisition of the new Siemens Vectron Dual Mode locomotives, we have made an important decision toward ensuring a sustainable future for rail freight transport when it comes to energy efficiency and pollutant reduction,” explained Dr. Volker Simmering, Managing Partner of Paribus Rail Investment Management GmbH and Northrail GmbH. “By expanding its fleet of locomotives to include the Vectron Dual Mode, Northrail GmbH will ensure that its customers have the highest possible operational flexibility on all route sections and at the same time save resources.”

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