Back

Clifford Chance advises Rock Rail and Infracapital on further successful investment in new Leipzig S-Bahn fleet

Global law firm Clifford Chance has advised Rock Rail and Infracapital on their successful further investment in the German rolling stock market by investing in a 41-strong fleet of new electric trains destined for Leipzig. Both companies have now closed the financing of trains for Lot 2 of the Leipzig Central German S-Bahn Network 2025+, following the closing of Lot 1 in December 2023, where the Clifford Chance team acted for the two companies.

The fleet for Lot 2 is made up of 41 Siemens Mireo 3-car trains – coupled with Lot 1, the new Leipzig S-Bahn fleet comprises 195 Siemens Mireo cars, which will enter service in December 2026. The Lot 2 trains will initially be leased to Die Länderbahn GmbH.

The investment helps to support Germany’s development of sustainable public transport and aligns with Rock Rail’s and Infracapital’s commitment to green infrastructure. The Siemens Mireo platform operates at up to 25% higher energy efficiency than trains with similar capacities and delivers climate-friendly mobility. According to the Ministry of Transport and Digital Infrastructure, electrified rail transport can save up to 80% of CO2 emissions in comparison to diesel-powered trains, offering higher performance, lower operating costs and less noise pollution than conventional trains.

This transaction represents Rock Rail’s third investment in German rolling stock, with the Clifford Chance team having acted for Rock Rail on its first German transaction in 2022.

The international Clifford Chance team comprised partners Paul Carrington (London) and Christof Häfner (Frankfurt), senior associate Su Lin Khor, lawyer Ope Oreyemi, trainee solicitors Francesca Quinn and William McQuail (all London), associate Franziska Buchholz (Amsterdam), as well as associates Jannik Pflug and Johannes Melcher (both Frankfurt) (all Global Financial Markets).

LEGAL DESIRE NEWSLETTER

Where the legal industry reads first.

Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.

No spam. Unsubscribe anytime.

From Legal Desire

Is your firm the one being cited, or the one being skipped?

We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.

Lawyers and firms: get featured on Legal Desire

Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.

Get featuredSubmit a press release
See the full deal record on DealDatabase
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
Nitya Vashishtha
Nitya Vashishtha