
Frankfurt-based rail freight company Helrom has raised €32.9M in green loan financing with support from Société Générale and DAL Deutsche Anlagen-Leasing.
SUMMARY
- Frankfurt-based rail freight company Helrom has raised €32.9M in green loan financing with support from Société Générale and DAL Deutsche Anlagen-Leasing.
The deal follows the Green Loan Principles set by the Loan Market Association and is structured as a seven-year asset-based loan.
This deal follows a similar agreement from June 2023 with the same partners and sets the stage for Helrom’s future funding plans.
Gerald Wiencke, Head of Transportation & Logistics at DAL Deutsche Anlagen-Leasing, says, “With this customised financing solution, which we are implementing together with Deutsche Leasing Finance and Société Générale, we are continuing our successful collaboration with Helrom and supporting the company in its next growth phase.”
“The transaction is in line with our strategic goal of enabling the transition to low-emission logistics. We are pleased to support companies like Helrom with long-term, structured financing solutions in the decarbonization of supply chains.”
Thomas Losay, Head of Global Land Transportation at Société Générale, adds, “We are delighted to further support Helrom’s development with a second financing within two years. As a lender, agent, and green loan coordinator, Société Générale promotes sustainable growth and innovation in European freight transport, thereby accelerating the transition to a climate-friendly economy.”
Helrom is a rail freight and tech company that moves truck trailers by train instead of relying only on roads. Its custom train wagons can load any standard trailer without needing cranes or large terminals.
Read Also - Outmin Funding News -Ireland’s Outmin Secures €4M Fresh Funding To Expand Its AI Finance Platform
How it works: A truck brings the trailer to a simple loading area beside the tracks. The trailer slides sideways onto the train. At the destination, it’s unloaded the same way and picked up by another truck for final delivery.
Helrom’s system makes it quicker and easier to move goods by combining road and rail transport. This helps cut traffic and emissions while keeping deliveries on track across Europe.
The company operates trailer rail routes for truck semitrailers between Germany, Austria, Hungary, and Italy.
Helrom is backed by the Federal Ministry for Digital and Transport Affairs and aims to achieve CO2-neutral freight and net-zero transportation.
The funds will help Helrom increase its transport capacity and support its plan to move more freight by rail. The company plans to buy around 120 more Helrom trailer wagons.
This investment supports Helrom’s goal of CO2-neutral freight transport and fits within its ESG (environmental, social, and governance) strategy.
Dr. Matthias Herrmann, CFO of Helrom, says, “We are delighted to have agreed on further debt financing with our two long-standing financing partners, Société Générale and DAL. We are particularly proud that we were able to structure this loan as the first green loan in Helrom’s history.”
“We will use the funds to finance the Helrom trailer cars for the next six trains. Both partners fully support our ESG mission to decarbonise supply chains and have supported the topic of green financing from the very beginning.”
“We are grateful for this support and look forward to further establishing our sustainable transport concept with this financing,” adds Dr. Herrmann.
About Helrom
Helrom is a rail freight and tech company based in Frankfurt, Germany. Its patented freight wagon makes it easier to move goods from road to rail, helping cut carbon emissions in long-distance transport.