LONDON, April 16, 2014
Agility Trains and DfT reach financial close on Intercity Express Programme (IEP) East Coast Main Line fleet
The UK Department for Transport (DfT) and Agility Trains East (with its shareholders Hitachi Rail Europe and John Laing Investments) today confirmed financial close for the East Coast Main Line fleet of trains for the DfT's Intercity Express Programme (IEP). Today's announcement therefore marks the successful raising of all the finance required to deliver the IEP.
LONDON, July 18, 2013
Government gives green light for more state-of-the-art trains
£1.2 billion deal to transform rail travel on East Coast Main Line. Transport Secretary Patrick McLoughlin has today (18 July 2013) confirmed a £1.2 billion order for more state-of-the-art trains to transform rail travel on one of Britain's busiest intercity routes.
London, July 25, 2012
Agility Trains and DfT reach financial close on IEP
The UK Department for Transport (DfT) and Agility Trains (comprising Hitachi Rail Europe and John Laing Investments) today signed the contract for the DfT’s Intercity Express Programme (IEP) and confirmed simultaneous financial close for Phase 1 of the project. The IEP, worth some £4.5bn, comprises trains, maintenance depots, and route upgrades, with Network Rail undertaking the infrastructure upgrades to allow the new trains to operate on the network.