Common Contracts
1 similar Framework Purchase Agreement contracts
• Maintenance contract for up to 20 years • Delivery of first call by the end of 2021Framework Purchase Agreement • June 29th, 2021
Siemens Mobility and Paribus Rail Investment Management GmbH (Paribus), part of the Paribus Group, have signed a framework purchase agreement and a full-service contract for up to 30 Vectron Dual Mode locomotives. The investment was arranged and structured by Paribus for RIVE Private Investment (RIVE), a private equity investment company headquartered in Paris. Along with the signing of the agreement, a call was placed for seven locomotives for which Northrail GmbH, also belonging to the Paribus Group, has already concluded rental contracts with German railway companies. The seven locomotives, planned for freight transport in Germany, are to be delivered beginning in September 2021. Siemens Mobility will provide full service for the locomotives for a period of up to 20 years.
