Nordic Re-Finance, a Scandinavian lessor of freight locomotives backed by Infranity, has secured a €250 million ($298 million) debt package from Natixis CIB, while expanding its fleet through the acquisition of 15 electric locomotives.
The debt package consists of a green term loan designed to accelerate its electrification roadmap and fuel its expansion into new European markets. This is in line with Infranity’s acquisition plan, which was completed in March 2025.
Nordic Re-Finance also reached an agreement with DB Cargo Scandinavia to acquire 15 high-quality TRAXX AC2 electric locomotives, including a partial sale-and-leaseback arrangement for operations in Sweden, Denmark and Germany. This new partnership marks a major milestone for Nordic Re-Finance’s strategic expansion into Germany and establishes a new relationship with one of Europe’s leading rail operators.
“We are pleased to start a strategic partnership with DB Cargo Scandinavia as we expand
