#Press release
#Sustainability

19.09.2023

Helaba to finance electric rolling stock for "Nord-Süd 2" rail network

Helaba to finance electric rolling stock for "Nord-Süd 2" rail network

Frankfurt am Main – Helaba is providing financial backing for DB Regio AG in procuring 15 electric multiple units (EMUs) from the Swiss manufacturer Stadler. DB Regio will receive the new railcars from the middle of 2026 and will operate them on the Stralsund to Halle (Saale) and Rostock to Berlin routes along the "Nord-Süd 2" regional rail network from December 2026 under long-term lease agreements with DAL Deutsche Anlagen-Leasing GmbH & Co. KG. The rolling stock financed by Helaba is expected to cover an annual distance of about 5 million train kilometres.

"The flexibility of all project participants with respect to the unique features of this project was the decisive factor in realising this complex transaction with Helaba and DAL," explains Dr. Carl-Ludwig von Schlabrendorff, Head of Corporate Finance at Deutsche Bahn AG.

"We are honoured to have been entrusted with structuring the finance for these modern and efficient electric multiple units and to be able to support an attractive and environmentally friendly regional rail network connecting different German States, thereby making a valuable contribution towards establishing a more sustainable transport sector," emphasises Eva Meyer, Head of Land Transport Finance at Helaba.

Bernd Lapp, Head of SPNV Transport & Logistics at DAL, added: "We are delighted to participate in this challenging project with a lease structure that was designed to accommodate all the requirements of the partners involved, and that we were successful in meeting the strategic and commercial requirements of the commis­sioning authorities."

The tendering and commissioning authorities for the "Nord-Süd 2" regional rail network are the German federal states of Berlin and Brandenburg (represented by VBB Verkehrsverbund Berlin-Brandenburg GmbH), Saxony-Anhalt (represented by Nahverkehrsservice Sachsen-Anhalt GmbH) and Mecklenburg-Western Pomerania (represented by Verkehrsgesellschaft Mecklenburg-Vorpommern GmbH). The commissioning authorities are providing a reuse guarantee to support the finance that covers the entire financing term.

About the rolling stock:
The railcars that Helaba is financing consist of 12 new, double-deck Stadler KISS electric multiple units as well as three single-deck Stadler FLIRT XL electric multiple units. Stadler is one of the leading manufacturers of rolling stock that offers the highest level of energy efficiency and recyclability.

About DB Regio:
DB Regio AG, Regio Nordost, was awarded the contract for the "North-South Network" tender in September 2022.
DB Regio is the largest provider of local public transport in Germany. The Deutsche Bahn subsidiary operates train and bus services throughout Germany with around 37,000 employees. In addition, the metropolitan S-Bahns in Berlin, Hamburg, Munich, Rhine-Main and Stuttgart belong to DB Regio. In rural areas, DB Regio supplements existing connections with a growing number of on-demand services. Local transport services in Germany are coordinated by law by the federal states and local authorities.

About DAL:
DAL Deutsche Anlagen-Leasing GmbH & Co. KG supports large-scale transforma­tional projects for SMEs, large corporates and public authorities in the areas of transport, energy, real estate and IT. The company, which handles a transaction volume of around EUR 2.4 billion per year, is one of the leading specialists in realising private sector investments and infra-structure projects in Germany and other selected European countries. DAL is a subsidiary of Deutsche Leasing AG, the largest manufacturer-independent leasing company in Germany.

About Helaba Land Transport Finance:
Thanks to its specialist Land Transport Finance team, Helaba is one of the leading providers of rolling stock finance in Europe and North America. From our locations in Frankfurt, London and New York, we serve our customers with bespoke financing solutions for rail passenger and local public transport throughout Germany and for rail freight transport across Europe and North America.



Rolf Benders
Head of Communication / Press Officer

More News

We, the Landesbank Hessen-Thüringen Girozentrale (Helaba), use cookies that are absolutely necessary to provide you with our website. No additional cookies will be set for the duration of your visit to this website if you close the banner by clicking on "Decline". If you give your consent, we will use additional cookies to process information about your use of our website for the purposes of statistics (such as measuring reach) and marketing (such as displaying personalized content).

Your consent is voluntary and not necessary for the use of the website. By clicking on "Settings", you can individually determine in detail which cookies we may use based on your consent.

You can also consent to all additional cookies at the same time by clicking on "Accept".

You can revoke your consent at any time via the "shield icon" in the toolbar on each page or change your cookie settings there.

Cookies

When you visit our website, Helaba makes use of required and optional cookies. Cookies are small text files that are stored on your computer and saved by your browser. Their purpose is to make our range of services more user-friendly, for example so that you do not have to re-confirm an automatically generated disclaimer more than once. Cookies that we use are so-called “session cookies” because they are automatically reset at the end of your visit to our website.

Further information on the use of cookies on helaba.com can be found at Data protection.

cookie [publisher]purposestorage period / Follow-up processingthird country transfer
disclaimer_disclosureRequirements [helaba]necessary: Verification when accessing certain (sub) areas of the websitesessionno
disclaimer_residenceGermany [helaba]necessary: Verification when accessing certain (sub) areas of the websitesessionno
hideCookieNotice [helaba]necessary: Saves that the cookie or data protection notice will not be requested every time you visit.30 daysno
WSESSIONID [helaba]necessary: Standard cookie to use with PHP session data.sessionno

The sole purpose of using analytical services on our website is to optimise the online information we provide. Data collected in this way, such as IP address, date or time of the request, contents of the page accessed or the browser used do not enable any users to be directly identified. Analysis by Helaba of a user’s data is not intended to identify any individuals or conduct any profiling, in order to, for instance, send online advertising to visitors of our website.

You  find more information on statistics cookies here: Data protection

cookie [publisher]purposestorage period / Follow-up processingthird country transfer
_et_coid [etracker]statistic: cookie detection2 years / Evaluation to improve the user experience of our websiteno
allowLoadExternRessources [helaba]statistic: Saves the user decision that external components may be loaded automatically.30 days / Evaluation to improve the user experience of our websiteno
allowTracking [helaba]statistic: Saves the user decision that visitor behavior may be tracked.30 days / Evaluation to improve the user experience of our websiteno
BT_ctst [etracker]statistic: Is used to detect whether cookies are activated in the visitor's browser or not.session / Evaluation to improve the user experience of our websiteno
BT_pdc [etracker]statistic: Contains Base64-coded visitor history data (is customer, newsletter recipient, visitor ID, displayed smart messages) for personalization.2 years / Evaluation to improve the user experience of our websiteno
BT_sdc [etracker]statistic: Contains Base64-encoded data of the current visitor session (referrer, number of pages, number of seconds since the beginning of the session), which is used for personalization purposes.session / Evaluation to improve the user experience of our websiteno
isSdEnabled [etracker]statistic: Detection of whether the visitor's scroll depth is measured.1 hour / Evaluation to improve the user experience of our websiteno

On our website, we use a so-called re-targeting technology provided by The UK Trade Desk Ltd., 10th Floor, 1 Bartholomew Close, London EC1A 7BL, United Kingdom. With this technology, cookies (so-called third-party cookies) are stored on your hard drive when you visit our website. These cookies are either permanent or temporary cookies that are automatically deleted after a certain period of time has elapsed.

You find more information on marketing cookies here: Data protection

cookie [publisher]purposestorage period / Follow-up processingthird country transfer
EDAAT [.adsrvr.org]Marketing: Stores a temporary security token for EDAA sign-out pages such as http://www. youronlinechoices. com/1 hour / evaluation for the playout of banners for marketing purposesyes / United Kingdom
TDCPM [.adsrvr.org]Marketing: Matching IDs to avoid redundant calls.365 days / evaluation for the playout of banners for marketing purposesyes/ United Kingdom
TDID [.adsrvr.org]Marketing: recognition of web profiles over time on different websites.365 days / evaluation for the playout of banners for marketing purposesyes / United Kingdom
TTDOptOut [.adsrvr.org]Marketing: Stores the decision to opt out of re-targeting.5 years / evaluation for the playout of banners for marketing purposesyes / United Kingdom
TTDOptOutOfDataSale [.adsrvr.org]Marketing: Stores the decision against selling data to third parties.5 years / evaluation for the playout of banners for marketing purposesyes / United Kingdom
No choice made so far
Partial selection made
Agreed to all cookies