- Locomotives News
- 03. May 2023
- Press Release | Alpha Trains
Electric locomotives for sustainable freight transport in Spain
Alpha Trains leases three Stadler EURO6000 electric locomotives to Low Cost Rail
Antwerp/Madrid/Valencia, 3 Mai 2023 - Alpha Trains is pleased to announce its partnership with Low Cost Rail and Stadler Valencia for the purchase and lease of three EURO6000 electric locomotives. The new assets represent an important investment in transport solutions for the Spanish freight market.
The agreement is a further step in Alpha Trains′ commitment to the provision of reliable and efficient rail transport solutions that reduce the impact on the environment.
Low Cost Rail provides traction and all types of freight services on the entire Spanish network with Iberian gauge.
The EURO6000 locomotives, manufactured by Stadler Valencia, offer the highest hauling capacity on the market and are designed for efficient and sustainable freight transport with the benefits of electric traction. The locomotives′ high power and tractor effort will enable Low Cost Rail to operate longer and heavier trains in single traction, making the transportation process more flexible and efficient.
“We are delighted to add Stadler′s top-of-the-range electric locomotives to our fleet. They will help our company to develop new efficient rail corridors. We would like to thank Alpha Trains for making this possible. Low Cost Rail proves its commitment with the environmentally sustainable transport with this investment,” said Iñigo de Peñaranda, partner at Low Cost Rail.
“We are very pleased to announce our partnership with Low Cost Rail and Stadler Valencia to deliver these electric locomotives for sustainable freight transport in Spain,” said Fernando Pérez, Interim CEO of the Alpha Trains Group. “Our goal is to provide our customers with innovative and sustainable rail transport solutions, and we believe that these locomotives are an important step in achieving this goal.”
“We are very proud of the opportunities that the EURO6000 locomotive is providing to the Spanish freight market. We would like to congratulate Alpha Trains for facilitating its use with tailor-made leasing solutions and Low Cost Rail for boosting more sustainable freight transport by relying on our locomotives,” said Iñigo Parra, CEO Stadler Valencia.
Low Cost Rail received funding for this purchase from the Spanish Ministry of Transport, Mobility and Urban Agenda (MITMA) as part of the Programme to Support Sustainable and Digital Transport (PATSYD) in the frame of the Plan for Recovery, Transformation and Resiliency (PRTR) financed by the Next Generation European Funds.
About Alpha Trains
Alpha Trains is the leading rolling stock lessor in Europe. A total of 130 employees from 17 countries work in offices in Luxembourg, Antwerp, Cologne, Madrid, Paris and Warsaw. Alpha Trains owns more than 950 locomotives and passenger trains and offers tailor-made leasing solutions, comprehensive know-how in maintenance and vehicle repairs as well as long-term experience in the financing of new-build projects. Alpha Trains’ fleets are in use at many public and private operators in 22 European countries. Alpha Trains′ shareholders are APG, Arcus European Trains, PGGM and Swiss Life.
Alpha Trains Group
Heike Zimmermann, Group Head of PR & Marketing
Telefon: +49 221 9140 9063
About Low Cost Rail
LCR is a fully independent Spanish railway undertaking. It operates in the freight market since 2017 with a fleet of over 25 locomotives all over Spain. It delivers railway transport solutions for intermodal, automotive and general cargo businesses.
Stadler has been building trains for over 80 years. The provider of rail vehicle construction solutions has its headquarters in Bussnang in eastern Switzerland. It has a workforce of over 13,000 based in various production and engineering locations as well as more than 70 service locations. The company is conscious of its social responsibility for sustainable mobility and therefore stands for innovative, sustainable and durable quality products. The product range in the field of mainline railways and city transport includes high-speed trains, intercity trains, regional and suburban trains, metros, tramways and trams. Stadler also manufactures main-line locomotives, shunting locomotives and passenger carriages. It is the world’s leading manufacturer in the rack-and-pinion rail vehicle industry.