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Hull Trains to expand fleet with £60 million deal
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2 November 2016
Angel Trains is delighted to announce that passengers on the East Coast Main Line are to benefit from the arrival of five brand new Inter City trains, following completion today of a £60 million deal between FirstGroup and Hitachi Rail Europe, financed by Angel Trains.
The new vehicles will offer Hull Trains passengers extra seats, with 61 more per train.
Hitachi will build five AT300 trains of five carriages each, operating as ‘bi-modes’ –– meaning they will be able to run on either electric or diesel power.
The new vehicles are expected to come into service in 2019 and would be able to travel on the electrified East Coast Main Line from London King’s Cross and then on diesel power on the unelectrified line to Hull and Beverley.
As part of the agreement, the new trains will be fully maintained by Hitachi at its new facility at Bounds Green, north London. Hitachi will build the trains at their manufacturing facility in Newton Aycliffe, County Durham.
Malcolm Brown, CEO of Angel Trains, said:
"Angel Trains is delighted to be financing, procuring and leasing the new Hitachi Inter-City Trains to expand the Hull Trains' fleet. The deal will provide more seats whilst improving the experience for passengers. Critically, it will also support jobs in the North of England where the new rolling stock will be built. Angel Trains has already financed £4.7 billion worth of improvements to the UK rail industry since privatisation and this new contract is a further demonstration of our commitment to increasing capacity, enhancing passengers' experience and value, while providing long-term employment."
© Angel Trains 2016
Angel Trains Limited is incorporated in England with company registration number: 2912655
VAT Registration number GB927335024
123 Victoria Street LondonSW1E 6DE
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