Network Rail, the owner and operator of UK’s railway infrastructure, will be assessing interest in its electrical power assets from potential global investors and electricity network operators. This latest move, designed to explore the potential for bringing in new capital and expertise to support future investment, is a key part of Network Rail’s strategy to benchmark its competitiveness against the market, maximise commercial opportunities and inject private capital into the railway to help fund investment. It is in addition to plans already underway to raise £1.8bn (EUR 2.3bn) to help fund Network Rail’s five-year, £40bn (EUR 51.7bn) Railway Upgrade Plan to build a bigger, better more reliable railway. “Network Rail’s job is to help support Britain’s economic growth by providing the railway that Britain needs, today and in the future. While no decisions have yet been made, if there are investors or others with expertise in key areas who can help us do that, then we should look to embrace those opportunities,” Mark Carne, Network Rail chief executive, said.
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