UK: Porterbrook has purchased the freehold of the Long Marston Rail Innovation Centre from St Modwen.
‘This deal provides absolute clarity for our business, our shareholders and the wider rail industry over the long-term future of Long Marston Rail Innovation Centre’ said Poterbrook CEO Mary Grant on March 6.
The rolling stock leasing and asset management company has operated the site since June 2021, and has invested over £13m to enhance the facilities.
UK: Rail leasing and asset management company Porterbrook is to finance a £66m upgrade of Bletchley depot as the principal maintenance base for West Midlands Trains’ Alstom Class 730 Aventra EMU fleet. This will include investment in overhead electrification equipment, 10-car and five car sidings, refurbishment ...
UK: Porterbrook has announced a £1·7m deal with Siemens Mobility to purchase a Rail Charging Converter, a modular and containerised system developed to enable a battery-powered train to be recharged from standard local power supply cables in places where 25 kV 50 Hz overhead electrification is ...
UK: Porterbrook has spent £3m converting existing sheds at its Long Marston Rail Innovation Centre to provide space for rolling stock maintenance, modification, upgrading and acceptance activities. With full road and rail access, the Asset Management Facility provides three well-lit pit roads ...
