Angel orders Siemens trains

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Angel Trains, one of Europe’s largest rolling stock lessors, has signed an agreement with Siemens Transportation Systems for the purchase of Desiro ML electric multiple units.

The first 16 trains, worth a total value of approximately €70m, have been ordered and will be leased to Trans Regio Deutsche Regionalbahn. The German company signed a contract in January 2007 for the Mittelrheinbahn concession, a rail service between Mainz and Cologne, running for 15 years and commencing in December 2008.

The agreement between Siemens and Angel Trains includes an option for a further 84 trains to meet the needs of its portfolio and its clients. Work will commence on manufacturing the trains in July at a Siemens facility in Krefeld, Germany.

This latest order takes the total fleet of passenger trains now managed by Angel Trains Europa, the Cologne-based German subsidiary of Angel Trains, to over 220 units, comprising sixty electric multiple units.