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[EU] JP Morgan acquires Beacon Rail for 1bn

Home GM / EMD / Progress Rail JT42CWR(M/-T1) / Class 66 Beacon Rail Leasing [EU] JP Morgan acquires Beacon Rail for 1bn


In 2015, Pamplona Capital Management acquired Beacon Rail Leasing for 450 million dollar. Now it is selling the leasing company to an infrastructure fund managed by US Bank JP Morgan, a deal worth about 1 billion euros.


Currently, Beacon Rail has a variety of locomotives, freight wagons and passenger trains in its portfolio. This includes 27 Class 66 and EuroRunner locomotives bought from MRCE in 2015 and the vehicle portfolio sourced from Ascendos Rail Leasing when it was acquired by Beacon Rail Leasing in 2016. An overview of the current loco fleet:


- EMD Class 66 diesels
- Siemens EuroRunner diesels
- Vossloh/Stadler Rail EURO 4000 diesels
- Vossloh/Stadler Class 68 diesels
- Vossloh/Stadler Class 88 electro-diesels
- ASEA Rc3 electrics - Bombardier Traxx electrics


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