IFLR1000

East Coast Trains 5 x 5 car AT300 train procurement

25/3/2019
Asset acquisition, Procurement
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Completed

25/3/2019

Overview:

  • East Coast Trains has procured a new fleet of 5 x 5 car AT300 trains manufactured by Hitachi.
  • The trains will run between London King's Cross and Edinburgh on the East Coast Main Line.
  • East Coast has been granted the right to run five return services a day on the line.
  • East Coast is a subsidiary of FirstGroup.
  • The trains will be leased from Beacon Rail.

Sam Duke

Jurisdiction:

United Kingdom

Deal types:

Asset acquisition
Procurement

Practice area:

Project development

Industry sector:

Transport

Firm:
Burges Salmon

Party: East Coast Trains (Leasee)

Lawyers: Chris Lewis, Simon Coppen

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