Rock Rail has been confirmed as the preferred financier to fund £600m of new rolling stock from Abellio on the East Anglia train line franchise.
The new trains will run on the London to Norwich InterCity route, the Stansted Express and other regional services. The trains will be manufactured by Stadler and the order will consist of a combination of Electrical Multiple Units and Bi-mode Multiple Units. The deal will now proceed to Financial Close.
Rock Rail is a joint venture between Rock Infrastructure and SL Capital (part of Standard Life Investments). Rock Rail’s success on the East Anglia project follows on from the Moorgate 313s project with Govia Thames Railway which reached Financial Close in February 2016.
Operis acted as financial adviser to Rock Rail on both the Moorgate and the East Anglia deals.
