Helrom secures a 44 million dollar green loan to enhance sustainable railway charging

Helrom, a German rail transport and technology company, terminated a green loan facility of 32.9 million euros ($ 44.3 million) with Societe Genereale and DEUTSCHE AnLAGEN ENFINE to support its growth and market development.

The financing, which was provided on the basis of 50/50 by Deutsche Leasing Finance and Societe Generele, enhances the role of Helroom in rail charging chains.

This deal follows a similar loan agreement of 34.5 million euros (46.4 million dollars) in June 2023, and is equally divided between Deutsche Leasing Finance and Societe Genereale, with identical structure and conditions.

The new HELROM financing will enable about 120 trailer vehicles, which expands its transportation.

Moreover, this investment corresponds to the company’s goal of achieving net net transport and progress in its environmental and social principles and governance (ESG).

“By providing a specially designed financing solution in partnership with Deutsche to rent financing and society, we continue our successful cooperation with Hilom and support them in following up the next stage of growth,” said Gerald Weeki, head of transportation and logistical services in D. Deutsche.

“This transaction reflects our strategic goal of enabling the transition to low -emissions logistical services, and we are pleased to help companies like HELROM in supply chains through organized and long -term financing solutions.”

Guaranteed according to favorable conditions in a difficult market, the asset -based financing facility works for a period of seven years as a platform for future financing initiatives. The loan is committed to the standards of the Loan Market Association and “Green Loan Principles”.

“We are pleased to agree on another debt financing with the great financing partners, Societe Genereale and Dal,” said Dr. Hilom CFO, Dr. Matthias Hermann.

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Helrom runs the SYTRAILERS trucks between Germany, Austria, Hungary and Italy through the HELROM railway service, which contributes to CO₂Transfer of neutral shipping.

“Helrom provides a 44 million dollar green loan to enhance sustainable rail charging” that was originally created and published Railways technologyThe brand owned by Globaldata.

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