European Loc Pool
European Loc Pool (ELP) is a Swiss rolling stock leasing company specialising in dual-mode and electric locomotives for freight and passenger rail operators. The company offers locomotives together with full-service packages, providing operators with financing, maintenance and operational flexibility. ELP has become a significant player in the European locomotive leasing market since its founding in 2018.
History
ELP was established in Baden, Switzerland, as a response to growing demand for modern, flexible traction solutions in European rail freight. The company entered the market with a focus on dual-mode locomotives, which can operate both on electrified lines and on non-electrified sections using diesel power. This reflected wider European policy goals of reducing emissions while ensuring interoperability across networks.
The launch customer for ELP’s fleet was Havelländische Eisenbahn (HVLE), a German freight operator based in Berlin-Spandau. Deliveries began with Stadler’s EURODUAL platform, a new generation of dual-mode locomotives.
Fleet and Services
ELP’s portfolio is centred on Stadler’s EURODUAL and related models, including the EURO9000. These locomotives combine high power output with the flexibility of dual-mode operation, allowing freight services to continue seamlessly across electrified and non-electrified lines.
The company’s leasing model includes not only the rolling stock itself but also long-term service and maintenance agreements. This approach reduces financial risk for operators and aligns with the trend toward asset-light strategies in the freight sector.
Market Role and Relevance
ELP’s business model reflects broader European transport policy priorities. Dual-mode locomotives contribute to the EU Green Deal objectives by reducing diesel dependence and supporting the expansion of TEN-T corridors. Leasing solutions also enable smaller operators to access modern traction without large upfront investments.
By 2025, ELP had taken delivery of its 100th EURODUAL locomotive from Stadler, underlining both the scale of demand for dual-mode traction and the company’s position in the European leasing market.