r.l. industry rail transport leasing europe predecessor porterbrook founded 2004 as cbrail headquarters luxembourg owner consortium of everest babcock & brown opportunities fund global investments limited bossaf rail limited website www.ascendos.com ascendos rail leasing s. r.l. formerly cbrail is a european rolling stock leasing company based in luxembourg formed in 2004 from the european operations of porterbrook . 1 the company focuses on continental europe and has offices in luxembourg germany and the united kingdom . 2 ascendos is owned by a consortium of everest babcock & brown opportunities fund of australia global investments limited of singapore and the british lloyds banking group s subsidiary bossaf rail limited . 3 contents 1 background 2 see also 3 references 4 external links background edit cbrail was created by the takeover of the european operations of the porterbrooks rail leasing company by a joint venture between babcock & brown and bank of scotland corporate europe a banking division of hbos . 1 at the time of the takeover from porterbrook the company had leasing arrangements for 28 locomotives and 67 coaches . 4 5 6 7 under the new financial backing the company intended to grow to have a significant market share in the european railway leasing business ; in order to do this it expanded its fleet . an order for 35 diesel and electric traxx locomotives was placed with bombardier transportation in 2006 with an option for 70 more . 8 during the 2000s cbrail continued to expand its fleet including freight wagons in its portfolio ; 9 by june 2008 the company had 118 locomotives 785 freight wagons and 103 passenger vehicles either on lease or under construction . 9 see also edit mitsui rail capital alpha trains ; european competitors references edit a b rail cargo information netherlands railcargo.nl archived 24 july 2011 at the wayback machine . current asset review period ended 31 march 2010 page 6 wwww.globalinvestmentslimited.com about . ascendos rail leasing . retrieved 14 april 2016 . cbrail a new rolling stock leasing company created by babcock & brown and the bank of scotland has purchased the european arm of porterbrook leasing international railway journal january 2005 via findarticles.com dead link hbos babcock buy porterbrook trains asset finance international.com cbrail a new rolling stock leasing company created by babcock & brown and the bank of scotland a division of hbos has purchased the european arm of porterbrook leasing which has lease contracts in several european countries for 28 locomotives and 67 coaches . europe international railway journal 1 january 2005 mark williamson 17 november 2004 bos and b & b acquire abbey train leasing arm www.heraldscotland.com herald scotland bombardier receives 156 million us order from cbrail for 35 traxx locomotives to provide more rolling stock in europe businesswire 2 february 2006 via www.thefreelibrary.com a b cbrail about us www.cbrail.com archived from the original on 20 august 2008 external links edit official website retrieved from https en.wikipedia.org w index.php title ascendos rail leasing & oldid 738992163 categories railway companies established in 2004rolling stock leasing companieslloyds banking grouphidden categories articles with wayback machine linksall articles with dead external linksarticles with dead external links from august 2011use dmy dates from august 2011 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 deutsch edit links this page was last modified on 12 september 2016 at 04 53 . 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