KKR-backed leasing firm orders locomotives from Siemens

FRANKFURT, March 31 Mon Mar 31, 2014 6:12am EDT

FRANKFURT, March 31 (Reuters) - European Locomotive Leasing (ELL), a leasing firm with financial backing by buyout group KKR , is ordering up to 50 locomotives from German industrial conglomerate Siemens.

Delivery will start immediately and run until 2016, Siemens said in a statement on Monday.

Financial details of the contract were not provided. (Reporting by Kirsti Knolle; Editing by Victoria Bryan)