Deutsche AM platform buys into UK rolling stock

British_trainCorelink Rail Infrastructure, a new rolling stock leasing platform jointly owned by Deutsche Asset Management and Infracapital, is to buy £700 million (€795.5 million) of rolling stock for operation on the UK’s new West Midlands Trains franchise.

The new fleet will consist of 413 new vehicles, which are scheduled to start entering service from 2020.

The new trains include 225 new electric carriages for services between the Midlands and London, 108 new electric carriages for a metro style service in and around Birmingham and 80 diesel vehicles for regional services.

Most of the new trains will be built at Bombardier’s factory in Derby, with the remainder manufactured by CAF.

The Corelink Rail Infrastructure platform launched last month and this is its first investment.

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