Eversheds Sutherland with John Laing and Rock Rail on financing for BEMU trains fleet

Eversheds Sutherland has advised sponsors John Laing and Rock Rail on their approximately €800 million long term greenfield financing for a fleet of 61 new battery electric multiple unit (BEMU) trains to be deployed on regional passenger services across North Rhine Westphalia network in Germany.

The project reached financial close in April 2026. Once in service, the battery electric fleet is intended to replace existing diesel rolling stock on the network.

The Eversheds Sutherland team

The transaction was led by Eversheds Sutherland’s London energy & infrastructure finance team including partners Alex Carver (pictured left) and Peter Greenall (pictured right), with support from associates Jack Mitchell, Bila Bawazier and Lorenzo Collett. The team was supported by Daniel Ehret and Maren Raband, advising on the German law finance aspects and Deepesh Upadhyay for the tax advice.