CBRail is one of the leading European rolling stock leasing companies, providing operating lease finance to regional passenger, locomotive and wagon rail operators throughout continental Europe. The Company was formed in September 2004 as a joint venture between Babcock & Brown and Bank of Scotland.
Since November 2004, when CBRail acquired Porterbrook Leasing Company (Euro) Limited with its diverse fleet of 28 modern diesel and electric locomotives and 67 passenger vehicles, the portfolio has expanded rapidly and now also encompasses freight wagons.
CBRail has positioned itself to respond flexibly to the increasing demand from private operators and some state railways for locomotives and freight wagons by placing significant orders with manufacturers in advance of identified operator requirements. At the same time, an increasing number of regional passenger franchises are being awarded to private operators resulting in growing numbers of leasing opportunities.