Location

United Kingdom (UK)

Sector

Transport - Rail / Rolling Stock

Procuring Authority

UK Department for Transport

Project Companies

Agility Trains West Ltd and Agility Trains East Ltd (collectively, the Project Company)

Project Company Obligations

Design, Build, Finance and Maintain

Financial Close

July 2012 (Great Western Route, as part 1 of the project) and April 2014 (East Coast Route, as part 2 of the project)

Capital Value

£5.7 billion

(USD $8.892 billion - 2012 exchange rate)

Contract Duration

27.5  years

Key Events

Changes required due to delays in electrification of the Great Western Main Line, refinancing