perth australia services rolling stock leasing operating income 6.8 m june 2015 net income 4.3 m june 2015 parent engenco asx egn 81 % website www.engenco.com.au greentrains 80 class at somerton in january 2009 greentrains is a locomotive and rolling stock leasing company in australia . it was formed in june 2008 as a subsidiary of coote industrial . 1 in 2008 coote industrial subsidiary gemco rail acquired 42 locomotives and 54 wagons from the distressed allco finance group that were being leased by coote subsidiaries south spur rail services and southern & silverton rail . 2 3 after refurbishment it was planned to sell them to greentrains who in turn would lease them back south spur and southern & silverton . 4 however greentrains ran into trouble raising funds to complete the deal and by june 2010 coote industrial had converted its debt to equity giving it an 81 % shareholding . 5 6 as at january 2013 greentrains owned 38 locomotives and 39 wagons . 3 in april 2016 the majority of the locomotives were sold to southern shorthaul railroad . 7 8 9 fleet edit locomotive status 48s37 stored 8026 stored t383 stored references edit greentrains limited australian securities & investments commission annual report 30 june 2009 coote industrial a b independent directors unanimous recommendation in relation to elph pty ltd s unconditional off market takeover offer engenco 16 january 2013 annual report 30 june 2008 coote industrial greentrains funding activities and future direction greentrains 2 september 2009 annual report 30 june 2010 coote industrial disposal of greentrains rollingstock engenco 28 april 2016 disposal of greentrains rollingstock engenco 28 april 2016 greentrans rollingstock sold to holdco holdings railway digest june 2016 page 6 retrieved from https en.wikipedia.org w index.php title greentrains & oldid 726588846 categories railway rolling stock leasing companies of australia2008 establishments in australiahidden categories use dmy dates from january 2013use australian english from january 2013all wikipedia articles written in australian english navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 23 june 2016 at 03 16 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view