CIC Corporate & Institutional Banking is very proud to support VTG, a leading player in rail freight wagon leasing in Europe, in the refinancing of one of its loans. The successful refinancing provides further support for the company's strategic objectives and long-term growth ambitions.
CIC CIB has been working with VTG for several years and will continue to support the company in its future projects.
This transaction is fully in line with the Crédit Mutuel Alliance Fédérale Group’s strategy to decarbonize and support the development of the rail sector.
About VTG
Zenobē is an EV fleet and grid-scale battery storage specialist, headquartered in the UK. The company began operations in 2017 and now employs 300 FTEs with expertise in electrical engineering, software development, computer sciences, and financing. Zenobē is the UK’s leading owner and operator of grid-scale batteries and supports over 3,400 electric vehicles across 120 depots globally.
With decades of industry expertise and a forward-looking mindset, VTG moves you forward. Founded in 1951 and headquartered in Hamburg, Germany, the company operates in over 20 countries across Europe. With a fleet of more than 75,000 wagons, VTG is Europe's leading rail freight wagon lessor and a trusted partner for tailored rail logistics solutions serving a wide range of industrial sectors. Guided by its strong heritage and commitment to innovation, VTG delivers continuously evolving solutions that help customers' businesses stay one step ahead.
For more information, visit www.vtg.com.
CONTACT – CIC CIB
Asset Finance
Olivier BROS Global Head of Green Mobility olivier.bros@cic.fr
Florence MEVEL Director Green Mobility florence.mevel@cic.fr
Coverage
Olivier LAROCHE Senior Banker olivier.laroche@cic.fr