Herbert Smith Freehills Advised DAL on Green Leasing of Electric Trains
Herbert Smith Freehills Advised DAL on Green Leasing of Electric Trains
Herbert Smith Freehills has advised DAL Deutsche Anlagen-Leasing (DAL) on a green leasing transaction for 19 new electric multiple units for the MoselLux regional railway network, financed by BayernLB.
The FLIRT XL multiple units, manufactured by Stadler Rail, will be leased to DB Regio AG on a long-term basis for use in the MoselLux regional railway network around Trier and Koblenz, starting in December 2024.
DAL is a subsidiary of Deutsche Leasing AG, the largest non-captive leasing company in Germany. DAL specializes in realizing private sector investments and infrastructure projects in Germany, with a transaction volume of around €2.4 billion per year.
Herbert Smith Freehills is a regular advisor to DAL on rolling stock leasing transactions.
Hannes Jacobi, Kai Liebrich, and Justus ter Veen, all finance lawyers, advised DAL Deutsche Anlagen-Leasing on the transaction.
