CK Investments S.A R.L., a company jointly owned by Cheung Kong Infrastructure Holdings Limited and Cheung Kong (Holdings) Limited, (together, “CKI”) has completed its acquisition of Eversholt Rail Group (“Eversholt Rail”), one of the three leading rail rolling stock companies in the UK, following clearance from the European Commission under the EU Merger Regulation. The transaction was announced on 20 January 2015.
An innovative new Express Freight train which will provide a cost-effective and low carbon solution for transporting parcels around the UK is being developed by Eversholt Rail. The Swift Express Freight has been designed in partnership with Ricardo and will be a conversion of one of our Class 321 trains, unit 321334.
The time-based overhaul (TBOX) of Eversholt Rail’s Class 320 fleet continues to run to time, with 50% of our fleet completed. This programme of work, which commenced in January 2020 and is expected to complete in November 2021, has significantly increased the fleet reliability
In a UK-first, Hitachi Rail and Eversholt Rail have signed an exclusive agreement aimed at bringing battery power – and fuel savings of more than 20% – to the modern Great Western Railway Intercity Express Trains that carry passengers between Penzance and London.