Alstom, RIVE Private Investment and Northrail sign a framework contract for 50 Traxx Universal locomotives
Alstom, RIVE Private Investment and Northrail sign a framework contract for 50 Traxx Universal locomotives
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Alstom, RIVE Private Investment and Northrail sign a framework contract for 50 Traxx Universal locomotives

The base order includes 15 multi-system locomotives and eight years of full-service maintenance. The maximum contract value amounts up to 370 million euros.
RE+D magazine
06.07.2023

RIVE Private Investment, an independent investment firm specialising in real assets, announces the signature of a framework agreement with Alstom and Northrail for the purchase of 50 multi-system Traxx Universal locomotives with a full-service maintenance package for up to 16 years.

RIVE Private Investment is thus pursuing its strategy of investing in rail assets alongside Alstom, a world leader in intelligent and sustainable mobility, and Northrail, a leading European asset manager, which is responsible in particular for the technical and commercial management of the entire fleet.

The base order includes 15 multi-system locomotives and eight years of full-service maintenance. The maximum contract value amounts up to 370 million euros.

These Traxx Universal multi-system locomotives, produced at Alstom’s Kassel site (Germany), will be the first of their type to be homologated in France and will be able to run at speeds of up to 160 km/h in six European countries: Germany, France, Belgium, Luxembourg, Austria and Poland. The locomotives can be used for both freight and passenger transport. The full-service maintenance provided by Alstom will ensure high locomotive availability and optimum reliability. This full-service maintenance will be carried out by a dense network of depots and mobile service teams throughout Europe.

All locomotives will be equipped with ATLAS, Alstom’s onboard solution for the European Train Control System (ETCS). The Europe-wide standardised 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.

This new investment confirms RIVE’s desire to contribute to the development of rail transport in Europe and to support innovation and the latest generation products. The rail sector is a strategic asset class for RIVE and its RTAIF fund, which is positioned as a key player in the ecological transition.