Abrdn and Rock Rail have closed their fifth deal together and their first investment in Europe, financing new electric trains for the Main-Weser Network in Germany.
The new electric fleet will consist of 17 multiple train units based on the Coradia Stream train platform delivered by Alstom from their Salzgitter factory in Germany. Consisting of 13 four-car and four five-car units, the fleet will enter service from December 2024 and initially will be leased to DB Regio for 14 years, with a one-year extension option.
DB Regio will run the new trains on Germany’s Main-Weser Network on behalf of Rhein-Main Verkehrsverbund, operating between Frankfurt, Giessen, Marburg and Kassel. Abrdn said the fleet will provide a step-change increase in seat capacity by 15 percent and will help encourage greater use of rail over other, less environmentally friendly modes of transport.
Equity will be funded by abrdn’s second Core Infrastructure Fund, SL Capital Infrastructure I
