Alpha Trains raised €250m through the US private placement market to refinance debt accrued through the purchase of 63 modern EMUs. The private placement was arranged by Crédit Agricole Corporate and Investment Bank, ING Financial Markets and UBS Investment Bank.

The leasing company has also gained Climate Bonds Initiative Certification under the Low Carbon Transport Criteria for green financing. Verification for this process was provided by Sustainalytics.

“We are proud to have obtained the Climate Bond certification for this private placement as the first company in the rolling stock sector worldwide, which is a milestone for both our financing, environmental and social responsibility strategies, says Alpha Trains CEO Mr Shaun Mills.