#Press release
#Sustainability

05.10.2023

Helaba to finance 13 electric multiple units for Hessische Landesbahn

Helaba to finance 13 electric multiple units for Hessische Landesbahn

Frankfurt am Main – Hessische Landesbahn (HLB) has emerged as the successful bidder in a Europe-wide tendering process: With the support of Helaba Landesbank Hessen-Thüringen, it has been chosen to operate the Main-Lahn-Sieg regional rail network for another 13 years from December 2025. Helaba will be providing a total of EUR 46 million to finance a fleet of completely modernised Stadler FLIRT electric multiple units (EMUs) that HLB will deploy on the network. Helaba was able to secure interest rates on the loans at an early stage while additionally incorporating low-interest funding from the development bank WIBank, which is part of Helaba Group, as part of the transaction.

Overall, HLB's routes will cover more than two million train kilometres on the Main-Lahn-Sieg network. The EMUs will be refitted from scratch to the latest specifications and equipped with technology such as Wi-Fi and dynamic passenger information systems to meet the needs of passengers. The aim is to encourage more people to use the train and reduce road traffic.

The Managing Director of Hessische Landesbahn GmbH, Veit Salzmann, commented: "While Helaba's team once again demonstrated its capability in executing this financing project in a timely and seamless manner, I am particularly impressed that the bank was able to secure the interest rate on the finance at such an early stage, even before the contracts were signed." Eva Meyer, Head of Land Transport Finance at Helaba, summed up the successful transaction: "This is yet another landmark project with our valued and long-standing customer HLB".

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.

Source: Tristan Dienst Hessische Landesbahn


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