RAILSCOT | 'Largest rolling stock deal since privatisation' is signed [Railway Gazette]

'Largest rolling stock deal since privatisation' is signed [Railway Gazette]

Date: 30/09/2016

UK: A contract for leasing company Angel Trains and Commonwealth Bank of Australia to finance a £900m order for 665 Bombardier Transportation electric multiple-unit cars for use on Abellios new East Anglia franchise was signed on September 29. Angel Trains said the largest rolling stock deal since the privatisation of UK rail builds on its ongoing relationship with CBA and further establishes the banks credentials in the rail industry. The deal covers 22 10-car and 89 five-car suburban EMUs which are to be built at Bombardiers Derby plant, providing a stable long-term workload for more than 1 600 employees. [From Richard Buckby]

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'Largest rolling stock deal since privatisation' is signed [Railway Gazette]

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