Beacon Rail logo

Beacon Rail Leasing Acquires Diesel Locomotive Fleet from Colas Rail

Posted on December 21, 2018

LONDON /PARIS/ LUXEMBOURG – 20 December 2018 – Beacon Rail Leasing, a leading Pan-European rolling stock lessor, is pleased to announce that it has acquired a fleet of diesel locomotives from Colas Rail. The fleet is comprised of 67 locomotives which will continue to be operated by Colas Rail in the UK and France.

“Acquiring this portfolio of diesel locomotives is in line with our strategy, growth ambitions, and our continued commitment to being the leader in this segment of the market“, said Ted Gaffney, CEO of Beacon Rail Leasing. “It adds to our existing fleet of heavy diesel locomotives, so this acquisition allows us to continue to leverage our existing skills, expertise, and experience. We are also very pleased to add Colas Rail as a customer and we are looking forward to strengthening and growing our relationship with Colas Rail in the future.”

About Beacon Rail Leasing


Beacon Rail Leasing is a rolling stock leasing company headquartered in Luxembourg and focused on serving the European and UK markets. Beacon Rail Leasing’s current portfolio includes 337 locomotives, over 1000 freight wagons, and 550 passenger train vehicles and intercity coaches on lease across Europe. Beacon Rail Leasing has an industry leading management team with rail asset management expertise and capital markets experience, enabling it to effectively meet the equipment needs of its Pan-European customer base. Please visit www.beaconrail.com for more information.

Press contacts:
Beacon Rail Leasing
Ted Gaffney, Chief Executive Officer
+1 617 345 1650
tgaffney@beaconrail.com


Latest News

View all news

Beacon to fund Primary Engineer’s Rail Project with schools in Westminster

Beacon is delighted to be helping fund the Primary Engineer Rail Project. This connects Beacon with ten schools across the Westminster area providi...

Posted on July 30, 2021

Read

Beacon launches new entity to cover Spain and Portugal

Beacon is pleased to announce the formation of Beacon Rail Finance Iberia SLU and the appointment of Jesús de la Torre Monguió as Chairman of the B...

Posted on June 9, 2021

Read

Beacon agrees sale and lease back with Rail Polska for 12 locomotives

Beacon is pleased to announce an agreement for the purchase of 12 locomotives from Polish operator Rail Polska. The purchase is for 2 x M62M and 10...

Posted on December 23, 2020

Read

Beacon gets five stars in global sustainability rankings

Beacon, the rail leasing provider offering the broadest UK and European rolling stock solutions, has been awarded a 5 Star rating in the Globa...

Posted on November 12, 2020

Read

Beacon agree deal for five new Class 66 locos with GB Railfreight

Beacon is pleased to announce an agreement to bring an additional five Class 66 locomotives from Germany in cooperation with GB Railfreight. The fi...

Posted on October 9, 2020

Read

Beacon appoints a new senior director within its Commercial team

Leading rail leasing company, Beacon, is delighted to announce the appointment of Antonio Alamar as Senior Director, Commercial, starting 1 Septemb...

Posted on September 2, 2020

Read