News

All 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Eversholt Rail to finance new trains for Northern franchise

Eversholt Rail announces that it has signed contracts with Arriva Rail North Limited and Construcciones y Auxiliar de Ferrocarriles (CAF, S.A) to procure and finance 281 new vehicles worth £490 million for the new Northern rail franchise.

 

The order is made up of 31 x 3-car and 12 x 4-car Electric Multiple Units (EMUs) and 25 x 2-car and 30 x 3-car Diesel Multiple Units (DMUs), with all vehicles scheduled to enter service by December 2019.

 

The new rolling stock is based on CAF’s Civity platform. The fleet of trains will run on the new Northern franchise linking major towns and cities in the north of England.

 

Mary Kenny, Chief Executive Officer of Eversholt Rail Group, said: “We are delighted to be supporting CAF and Arriva Rail North with the supply of this new rolling stock for the new Northern rail franchise. These new trains will bring much-needed improvements in comfort and capacity for passengers on this important part of the network and we look forward to working with our partners to bring them into service.”

 

Chris Burchell, Managing Director of Arriva’s UK Trains Division, said: “We are delighted to partner with CAF and Eversholt Rail to meet the high specification and demanding timetable for delivery of the new rolling stock. I hope that today’s announcement once again makes clear our determination to deliver on our promises to passengers.”

 

Antonio Campos CAF, S.A. International Commercial Director for Western Europe said: “This is a fantastic opportunity for CAF to consolidate its position as one of the leading manufacturers of trains within the very competitive UK market. CAF is delighted to be working with Arriva Rail North and Eversholt Rail Group to provide high quality, cost effective and highly reliable trains for the people throughout Northern England. These trains will provide an improved travelling experience for regular rail passengers.”

Latest News

Almost £5,200 raised for Eversholt Rail’s charity partner BackUp – thank you!

The industry came together last night and showed its generous side for Eversholt Rail’s annual quiz in aid of its charity partner, BackUp. Hosted once again by Linklaters LLP, Eversholt Rail staff were joined by colleagues from Frazer Nash, Clemtech, Siemens, LNER, Porterbrook, Arriva Rail Services, Rail Operations Group, Alstom, KBRS, Angel Trains, Stadler, Microsoft, DB ESG, Greenberg Traurig, GTR, AtkinsRealis and First Rail.

Read More

Disclaimer

The requested document relates to debt securities issued and to be issued by Eversholt Funding PLC (“Finco”) pursuant to a debt issuance programme. The documents are posted on these pages in satisfaction of obligations on Finco under the EU Prospectus Directive and implementing legislation in the United Kingdom.

The materials on these pages are provided for information purposes only. None of the information contained in the following pages of the website constitutes an offer of, or an invitation to purchase, any security, nor any investment advice or services.

The debt securities referred to on the following pages of the website have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered, sold or delivered within the United States or to U.S. persons (as defined in Regulation S under the Securities Act) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

In addition, certain of the debt securities may be subject to U.S. tax law requirements and may not be offered, sold, or delivered within the United States or its possessions or to a United States person, except in certain transactions permitted by United States tax regulations.

The following pages of the website are not addressed to, or intended for use by: (i) U.S. persons, persons located in the United States or residents of the United States or (ii) persons in any other jurisdictions where the communication or receipt of such information is restricted in such a way that provides that such persons cannot receive it. In particular, such persons or persons acting for the benefit of any such persons are not permitted to visit the following pages of the website.

To visit the following pages of the website, you must confirm that you have understood the above sentences and agree to comply with the restrictions and that: (i) you are either not a U.S. person, not located in the United States and not a resident of the United States; (ii) otherwise you are not a person to whom the communication of the information contained on the website is restricted; and (iii) you are not acting for the benefit of any such person.

By selecting ‘Agree’ below, you will be deemed to have made this confirmation.

Cancel Agree