Deutsche AM platform buys into UK rolling stock

Corelink 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.

©2017 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST