Bombardier (TSX:BBD.B) signs nine-year locomotive supply agreement with DB Regio – Dominion Lending Centres Clearlease
MONTREAL – (April 18, 2011) Clearlease.com Reports Bombardier Transportation (TSX:BBD.B) has signed a nine-year agreement valued at US$867 million to supply 200 diesel locomotives to a passenger train operator in Germany.
The first US$90 million delivery of 20 locomotives to DB Regio AG — a subsidiary of passenger train operator Deutsche Bahn AG — will take place in mid-2013.
The TRAXX locomotives, which have four diesel engines, meet the European Union’s new stringent emissions standards, the train manufacturer said in a news release.
They also reduce fuel consumption, exhaust emissions and life-cycle costs.
“The use of these 200 TRAXX multi-engine diesel locomotives will result in a massive reduction of carbon dioxide over their life span,” stated Ake Wennberg, Bombardier Transportation’s locomotives division president.
Deutsche Bahn AG and its subsidiaries already own and operate a fleet of more than 680 TRAXX locomotives.
Final assembly of the new locomotives will take place in Kassel, Germany. Components of the locomotives will be made in Poland and various locations in Germany, while product development will be completed in Germany and Switzerland.
The railway division of Bombardier Inc. (TSX:BBD.B) has sold more than 1,500 diesel and electric TRAXX locomotives to transport goods and passengers.
Berlin-based Bombardier Transportation has sold more than 100,000 vehicles in some 60 countries around the world.
Last December, Bombardier won a US$157 million contract to supply 36 electric locomotives to German leasing company Railpool GmbH.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
MONTREAL – (April 18, 2011) Clearlease.com Reports Bombardier Transportation (TSX:BBD.B) has signed a nine-year agreement valued at US$867 million to supply 200 diesel locomotives to a passenger train operator in Germany.
The first US$90 million delivery of 20 locomotives to DB Regio AG — a subsidiary of passenger train operator Deutsche Bahn AG — will take place in mid-2013.
The TRAXX locomotives, which have four diesel engines, meet the European Union’s new stringent emissions standards, the train manufacturer said in a news release.
They also reduce fuel consumption, exhaust emissions and life-cycle costs.
“The use of these 200 TRAXX multi-engine diesel locomotives will result in a massive reduction of carbon dioxide over their life span,” stated Ake Wennberg, Bombardier Transportation’s locomotives division president.
Deutsche Bahn AG and its subsidiaries already own and operate a fleet of more than 680 TRAXX locomotives.
Final assembly of the new locomotives will take place in Kassel, Germany. Components of the locomotives will be made in Poland and various locations in Germany, while product development will be completed in Germany and Switzerland.
The railway division of Bombardier Inc. (TSX:BBD.B) has sold more than 1,500 diesel and electric TRAXX locomotives to transport goods and passengers.
Berlin-based Bombardier Transportation has sold more than 100,000 vehicles in some 60 countries around the world.
Last December, Bombardier won a US$157 million contract to supply 36 electric locomotives to German leasing company Railpool GmbH.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###Bombardier (TSX:BBD.B) signs nine-year locomotive supply agreement with DB Regio – Dominion Lending Centres Clearlease
MONTREAL – (April 18, 2011) Clearlease.com Reports Bombardier Transportation (TSX:BBD.B) has signed a nine-year agreement valued at US$867 million to supply 200 diesel locomotives to a passenger train operator in Germany.
The first US$90 million delivery of 20 locomotives to DB Regio AG — a subsidiary of passenger train operator Deutsche Bahn AG — will take place in mid-2013.
The TRAXX locomotives, which have four diesel engines, meet the European Union’s new stringent emissions standards, the train manufacturer said in a news release.
They also reduce fuel consumption, exhaust emissions and life-cycle costs.
“The use of these 200 TRAXX multi-engine diesel locomotives will result in a massive reduction of carbon dioxide over their life span,” stated Ake Wennberg, Bombardier Transportation’s locomotives division president.
Deutsche Bahn AG and its subsidiaries already own and operate a fleet of more than 680 TRAXX locomotives.
Final assembly of the new locomotives will take place in Kassel, Germany. Components of the locomotives will be made in Poland and various locations in Germany, while product development will be completed in Germany and Switzerland.
The railway division of Bombardier Inc. (TSX:BBD.B) has sold more than 1,500 diesel and electric TRAXX locomotives to transport goods and passengers.
Berlin-based Bombardier Transportation has sold more than 100,000 vehicles in some 60 countries around the world.
Last December, Bombardier won a US$157 million contract to supply 36 electric locomotives to German leasing company Railpool GmbH.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###