Alstom, Northrail and RIVE Private Investment conclude framework contract for 50 Traxx Universal locomotives including services

• First locomotives homologated to run at 160 kilometres per hour in the European corridor (Germany, France, Belgium, Luxembourg, Austria and Poland)

• Investment realized by RIVE Private Investment’s transportation fund (RTAIF)

• Northrail acting as asset manager and lessor for and on behalf of RIVE Private Investment

29 June 2023 – Alstom, global leader in smart and sustainable mobility, and Northrail AG have completed a framework contract for 50 multi-system Traxx Universal locomotives with a full service maintenance package for up to 16 years. The investment was arranged and structured by Northrail for the Paris-based infrastructure investment company RIVE Private Investment (RIVE). Northrail will, on behalf of RIVE, act as asset manager and lessor of the locomotives.

The base order includes 15 multi-system locomotives and eight years of full-service maintenance. The maximum contract volume amounts up to 370 million euros. Production will take place at the Alstom site in Kassel, Germany, and is scheduled to start in 2025.

These multi-system Traxx Universal locomotives will be the first of their kind homologated in France that can run with a speed of up to 160 kilometres per hour in a European corridor comprising the six countries of Germany, France, Belgium, Luxembourg, Austria and Poland. The multi-system locomotives can be used for freight and passenger transport. The services package will provide for a high availability of the locomotives and thus for a good reliability. Thanks to the network of depots and mobile service teams across Europe, the locomotives will enjoy full cross-country maintenance.

All locomotives will be equipped with ATLAS, Alstom’s onboard solution for the European Train Control System (ETCS). The Europe-wide standardized train control system for seamless cross-border traffic enables higher speeds and frequencies on the railways. It saves time and energy and thereby enables an even cleaner freight transport.

Müslüm Yakisan, President of the DACH Region at Alstom, said: “The Traxx locomotives are an innovative investment in the future of rail transport. With more than 150 years of experience and worldwide references, Alstom is pleased to further contribute to the digitalization and sustainability of rail transport. Given the long-term maintenance agreement, Northrail will also benefit from optimized and plannable life cycle costs as well as maximum availability of the locomotives.”

Michael Trentzsch, Member of the Executive Board of Northrail, added: “With this innovative new multi-system locomotive, which in particular includes the homologation for France, we are verypleased to again being a first mover in the locomotive leasing industry. Thus we very much look forward to receiving the first locomotive in 2025 and therewith further fostering our relationship with Alstom.”

Camille Brunel, Partner at RIVE, declared: “This first order with Alstom is a testimony of our trust in Alstom’s new products and innovation capabilities. This order made through our leasing platform established with our longstanding partner Northrail will further strengthen the rail strategy of RIVE. By supporting innovation and bringing efficient products to the operators, RIVE is actively contributing to Europe’s energy and environmental transition policy.”

Alstom™, Traxx™ and ATLAS™ are protected trademarks of the Alstom Group.

About Alstom

Alstom commits to contribute to a low carbon future by developing and promoting innovative and sustainable transportation solutions that people enjoy riding. From high-speed trains, metros, monorails, trams, to turnkey systems, services, infrastructure, signalling and digital mobility, Alstom offers its diverse customers the broadest portfolio in the industry. With its presence in 63 countries and a talent base of over 80,000 people from 175 nationalities, the company focuses its design, innovation, and project management skills to where mobility solutions are needed most. Listed in France, Alstom generated revenues of €16.5 billion for the fiscal year ending on 31 March 2023.

For more information, please visit www.alstom.com.

About RIVE Private Investment

Founded in 2013, RIVE Private Investment is an independent investment group specializing in sustainable infrastructure and tangible assets (specialized aviation, rail, specialized maritime, etc.). RIVE Private Investment benefits from the solid technical and financial expertise of its team of 22 investment professionals based in Paris, Geneva, and Luxembourg. Since its inception, RIVE Private Investment has financed €2.3 billion of assets through more than 100 transactions.

Northrail is one of Europe's leading rolling stock leasing companies, asset managers and developers of innovative rolling stock investments. Northrail manages a portfolio of approximately 430 vehicles, including around 250 locomotives and around 180 multiple units and passenger coaches, for freight and passenger transport in Europe, with an investment volume of close to 1.5 billion euros. Northrail's managed fleet includes state-of-the-art electric, dual-mode and hybrid locomotives, battery-powered regional trains, as well as traditional shunting and universal locomotives. Northrail also develops tailor-made leasing services for its clients and organizes the maintenance of leased vehicles based on its ECM I to III licence. Northrail, headquartered in Hamburg (Germany), currently employs around 50 people and is a subsidiary of RIVE Private Investment, an independent European investment firm with offices in Paris, Luxembourg, and Geneva, specializing in transportation assets and energy transition.