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Lessor MONTE orders from, and partners with, electric sea-glider manufacturer REGENT

All electric sea-glider manufacturer REGENT has announced a partnership with  MONTE, a maritime and aviation lessor.

“Under the agreement, MONTE will purchase up to USD300 million of REGENT’s new high-speed, zero-emissions coastal vessels and provide leasing and financing options of the 12-passenger Viceroy and 100-passenger Monarch seagliders to customers,” said a company press release.

“With over 600 seagliders sold and our order book continuing to grow, more of our customers are asking for access to affordable operational lease and finance lease facilities,” said Adam Triolo, VP, Commercial Business Development, REGENT. “Partnering with MONTE allows us to offer our clients decades of finance experience to provide comprehensive financing solutions. We look forward to working with MONTE to advance our shared vision of decarbonizing maritime travel.”

MONTE also plans to finance and lease the required infrastructure needed for operating seagliders, including charging networks, battery storage, and any required port infrastructure upgrades.

“We will provide a full turn-key solution, through vessel and infrastructure financing, for operators looking for zero-emissions travel,” said Timothy Eyre, Chief Operating Officer, MONTE. “Working together to offer an easy-to-operate, full-package electric transport solution will help to accelerate the much-needed decarbonization of the regional maritime industry.”

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