Railpower Technologies Awarded Contract from Virginia International Terminal for Three Fuel Efficient Locomotives
Brossard – Railpower Technologies Corp. (TSX: P) announced today that Virginia International Terminal (VIT) purchased two multi-genset, low emission, fuel efficient, four-axle RP20BD locomotives and one hybrid GG20B locomotive from the Corporation. The agreement reached between Railpower and VIT is a three year long term lease with the commitment to purchase at its expiry.
“Over time, these locomotives will pay for themselves in fuel savings, efficiency, maintenance and overall operating costs while significantly reducing the Port of Virginia’s carbon emissions” said Heather Mantz, VPA’s Director of Environmental Affairs.
The four-axle RP20BD model sold is the first of the low emission, fuel efficient Eco-Motive series of four-axle units to be designed with a new modular platform. Also included in the Eco-Motive series low horsepower solutions are the six-axle RP20CD and the RP14BD. Accompanied by the medium horsepower six-axle RP27CD, the Eco-Motive series has the ability to cover the complete array of medium and low horsepower needs for the rail industry. All three of these models achieve unrivaled adhesion levels that allow customers to re-evaluate the historic locomotive requirements for their freight movements and optimize the utilization of their assets.
The four-axle GG20B hybrid model requested by VIT demonstrates that the interest in hybrid technology for rail application still exists. The GG20B is a viable product for customers who want the greatest emissions and fuel savings, which are completely unattainable with conventional technology. The return to service of Railpower GG20B Generation III units across America, represents Railpower’s commitment to continually standing behind its products. First-and-only to market with hybrid, Railpower will continue to develop its technologies to meet evolving customer needs.
“This new award combined with the success of our new six-axle model at Union Pacific, demonstrates that Railpower is the supplier of choice of locomotives that provide a return-on-investment both in economical and ecological terms” said Mr. José Mathieu, President and CEO of Railpower.
