CBRail was established in 2004 as a rolling stock leasing company and is property of Babcock & Brown from Australia. In After having ordered Traxx MS and DE locomotives in 2006, its fleet portfolio was extended in 2006 with AC2 locomotives, to be delivered on very short notice. In June 2007 already the first light grey painted 185.2 locomotive could be present at the international Transport Logistic fair in Munchen. Although the AC2 type can not run on the Netherlands, nor in Italy, as they can not run on direct current line systems, they have white (mandatory for Netherlands) and red (mandatory for Italy) painted fronts.
In March 2007 CBRail also financed seven electrics for the HGK. These machines are painted in the corporate colours of the customer; red with blue and white logos.
With the homologation of the TRAXX AC2 in Hungary, the service domain of these locomotives was extended towards the east in 2008. CBRail anticipated on this and ordered five DE/AT/HU configurated units in 2007. Delivery of these machines took place in 2009.