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Beacon launches new entity to cover Spain and Portugal

News:

Posted on June 9, 2021

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 Board of Directors.

Jesús is a strategy consultant and a public affairs professional with over 20 years’ experience in Europe, Asia and America, in the automotive and railway sectors.

Beacon CEO, Adam Cunliffe, said:

“Beacon is delighted to expand its operational and strategic footprint into Spain and Portugal to support existing customers at a local level, as well as best placing Beacon for future opportunities. Beacon can provide direct management of its rolling stock through dry lease or full service offer, with life cycle management to ensure that rolling stock is available and reliable.”

Beacon Rail Finance Iberia SLU Chairman, Jesús de la Torre Monguió, said:

“I am delighted to collaborate in the new adventure of Beacon in Spain from my position on the Board of Directors. Beacon is a leading company in its sector and I look forward to contributing to corporate governance and service excellence.”


Jesús de la Torre Monguió

Chairman, Beacon Rail Finance Iberia SLU

About Beacon Rail Leasing

Beacon Rail Leasing are a rolling stock leasing company headquartered in Luxembourg and focused on serving the European and UK markets. Beacon Rail Leasing’s current portfolio includes 346 locomotives, a 1,000 freight wagons, and 575 passenger train vehicles and intercity coaches on lease across Europe. Beacon Rail Leasing has an industry leading management expertise and capital markets experience, enabling it to meet the equipment needs of its Pan-European customer base.

Press Contact
Beacon Rail Leasing
Adam Cunliffe, Chief Executive Officer
rail@beaconrail.com

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