News

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

10.09.2020

IC225 Fleet Lease Extension and Overhaul

We are delighted to announce that we have extended the lease of seven of our high-speed, inter-city IC225 trains to London North Eastern Railway (LNER).

The lease runs up to summer 2023 with a possible extension to summer 2024.

This includes ten Class 91 locomotives, some of those being retained by LNER are 91101 Flying Scotsman, 91107 Skyfall, 91109 Sir Bobby Robson, 91110 Battle of Britain Memorial Flight, 91111 For the Fallen 91114 Durham Cathedral, and 91130 Lord Mayor of Newcastle.

A further two Class 91 locomotives are expected to be contracted. In total this will provide LNER with five spare locomotives.

We have also awarded Wabtec Faiveley UK a contract in parallel, to undertake the overhaul of the LNER IC225 fleet at their Doncaster facility.

The locomotives will receive a G exam, comprising an overhaul of the bogies including gearboxes and wheelsets, cardan shafts, compressors and traction motors. A number of reliability improvement modifications are also planned.

The Mark4 fleet will receive an OH1 exam including the overhaul of bogies, couplers and doors and an interior saloon and vestibule exam.

This work will be complete in January 2022.

Steve Timothy, Stakeholder Director, Eversholt Rail says, “We are pleased to continue to work with both LNER and Wabtec, to provide a safe and high-quality train experience for East Coast Main Line rail passengers.”

Andy Derbyshire, Group Managing Director, Wabtec Faiveley UK says “The award of this contract is excellent news for Wabtec Faiveley UK and our facility at Doncaster. We have developed a longstanding involvement with the IC225 fleet having worked on the vehicles since 2006. This continued collaboration has also been supported by the great working relationship we enjoy with both Eversholt Rail and LNER which contributes to the overall success of contracts and projects like this”.

Latest News

11.10.2024

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.

10.06.2024

A New Dawn for steam on the railway

Steamology, a green technology start-up company in West Dean, Hampshire, has secured its first commercial contract with Arup and Eversholt Rail to support the evaluation of green steam to eliminate all freight train emissions.

24.05.2024

Celebrating Primary Engineer 2024 in Huddersfield

On 24th April we hosted our first Primary Engineer celebration event in Huddersfield which was the culmination of the ‘Primary Engineer Rail Programme’. The programme gave pupils from eight Huddersfield-based schools the opportunity for pupils to build and test their own trains

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.