The Anonymous Widower

How The Class 717 Trains Are Financed

This is a paragraph in an article in Rail Technology Magazine, which is entitled Brand-New £200m Class 707s Undergo Testing Ahead Of Autumn Roll-out.

The 25 six-car trains, financed by Rock Rail Moorgate, will be the first to be introduced in the UK using a new model for financing rolling stock. In an unprecedented move, the trains will be financed through long-term investment from pension and insurance companies.

So many of us will own a portion of these trains, through our pensions and insurance policies!

May 2, 2018 - Posted by | Finance, Transport |

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