Angel Trains announced it has signed the contract to finance the procurement of 665 new Bombardier Aventra trains as part of Abellio’s winning East Anglia rail franchise bid, announced by the Department for Transport on 10 August.
The rolling stock contract is valued at EUR 1 billion and the maintenance contract, which will run for 7 years (with an option to extend in line with any franchise extensions), is valued at EUR 97 million.
“We are delighted that, through the supply of 665 new Bombardier Aventra vehicles, Angel Trains will be contributing to an improved service and experience for passengers in the region. This project, one of the largest private investments into rolling stock in the last 20 years, reiterates Angel Trains’ ongoing commitment to the UK rail industry,” Malcolm Brown, CEO of Angel Trains, said.
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