All Angel Trains articles – Page 2
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Rail Business UK
Hitachi trainsets for Hull Trains under construction
UK: The first bodyshell for the fleet of five Hitachi AT300 electro-diesel trainsets ordered by open access operator Hull Trains has been completed at the manufacturer’s factory at Kasado in Japan. Fitting out will be undertaken at Hitachi’s Pistoia plant in Italy ahead of delivery to the ...
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News
Hull Trains reveals ‘luxurious and aesthetically appealing’ AT300 design
UK: Open access operator Hull Trains has revealed the appearance of its future fleet of five Hitachi AT300 trainsets, following the completion of the engineering and design phase and the sign-off for production to begin. The £60m order for five five-car inter-city electro-diesel multiple-units was placed by ...
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News
Nova 1 trainset for TransPennine Express sets off from Japan
UK: The first of 19 five-car AT300 electric-diesel trainsets which Angel Trains has ordered from Hitachi Rail Europe for use by TransPennine Express has set sail from Japan, the manufacturer confirmed on April 20. The journey to the UK is expected to take two months. The unit will then undergo ...
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News
Angel Trains raises £1·1bn to support ‘appetite to compete’
UK: Rolling stock leasing company Angel Trains Group announced on December 6 that it had secured £835m of new funding to refinance the procurement of 665 Bombardier Transportation Aventra electric multiple-unit cars that will be leased to Abellio for use on the East Anglia franchise from 2019. It said the ...
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News
£60m Hull Trains electro-diesel train deal signed
UK: Contracts worth £60m for Hitachi Rail Europe to supply and maintain five AT300 five-car electro-diesel multiple-units for use by open access company Hull Trains were finalised by the operator’s parent company FirstGroup and leasing company Angel Trains on November 2. This follows the granting of a ...
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News
AMP Capital increases Angel Trains stake
UK: Australian pension investor AMP Capital Investors has increased its stake in UK rolling stock leasing company Angel Trains by acquiring minority interests previously held by Prime Super and STC Funds Nominee. AMP Capital Investors has been an investor in Angel Trains since 2008. It had increased its stake ...
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News
AMP Capital takes majority stake in Angel Trains
ANGEL TRAINS: Arcus European Infrastructure Fund has sold its stake in UK rolling stock leasing company Angel Trains to Australian pension investor AMP Capital Investors, which has increased its stake in the company from 30% to 55%, and to Canadian pension investor PSP Investments, which has increased its stake from ...
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News
Angel Trains completes debt refinancing
UK: Rolling stock leasing company Angel Trains Group announced the completion of a long-term debt refinancing programme through its subsidiary The Great Rolling Stock Company Ltd on April 26, saying this will 'de-risk' the business and provide 'a stable financial platform for the company to develop further'. The £450m five-year ...
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