BTMU Capital Corporation (BTMUCC) announced today that it has established Beacon Rail Leasing Limited (Beacon Rail), a wholly-owned subsidiary, to be its business entity for freight rolling stock leasing in the European market.
Beacon Rail is a UK company headquartered in London and with an additional office in Rotterdam. The Beacon Railportfolio currently includes 27 locomotives and 50 freight cars on lease to lessees in the UK and Belgium.
In addition, Beacon Rail has ordered six new e4000 diesel electric locomotives from Vossloh Espana, S.A.U. for a lease to CargoNet AS in Norway. These locomotives will be delivered in mid-2010. - BTMUcc