SRI Rail Invest orders Vectron Dual Mode and finances former ICE 2 vehicles

The new Vectron Dual Mode is scheduled for delivery in late 2027 or early 2028. It will expand SRI's locomotive fleet with a dual-mode unit capable of operating under overhead electrification and on non-electrified lines using its diesel engine. SRI announced the order on 26 October 2026 but did not disclose the purchase price or identify a prospective lessee. The company has also published a visualisation of the locomotive in its blue, red and white livery. Former ICE 2 vehicles acquired by Projektbahn In a separate transaction announced on 9 October, SRI arranged financing for Projektbahn to acquire a three-part formation comprising vehicles from a former ICE 2 trainset. DB Fernverkehr sold the vehicles to Projektbahn, while SRI structured the financing and supported the transaction. Projektbahn specialises in developing new uses for existing railway vehicles. SRI invests in new and used rolling stock and offers leasing, hire-purchase arrangements and long-term contracts with purchase options. The company has not disclosed the value of the ICE 2 transaction or the planned use of the acquired vehicles.