We invest in and supply safe, modern and reliable passenger rolling stock to operators across Britain’s entire network, adding value for passengers and customers today and for the future.

Blended portfolio

We manage a portfolio of around 4,000 high quality rolling stock assets, operating on long distance, regional and inter-urban services. 

We work collaboratively with our customers to help them meet the needs of today's passengers while being at the forefront of innovation for tomorrow’s railway. 

We're introducing new technologies, such as hybrid and hydrogen, that are helping to decarbonise the railway and meet the UK’s net zero targets.

Investment in fleet upgrades

We’re committed to upgrading fleets to continue to meet passenger and customer needs. 

In 2022 we completed the initial stage of our £100m investment programme to upgrade our entire Electrostar fleet operated by GTR.

Experienced team

We have over 100 engineers and fleet support staff working directly on our passenger fleets, alongside experienced key relationship managers with a deep understanding of our customers' needs and expectations on their existing fleets, and investment in new rolling stock.

Award-winning fleets

We understand the importance of consistent day-to-day delivery. To date we have won 120 awards at the annual Golden Spanners, based on independent industry performance data, recognising our fleets as among the most reliable in the UK.

Financing new builds

With the size of the UK 5-year new build rolling stock pipeline we are uniquely positioned to pursue and target opportunities to grow our portfolio, with a strategic objective to invest £1bn minimum into the UK rail industry over the coming years.

Our investment team have considerable experience in raising finance to support the acquisition of new rolling stock. They are supported by a team of engineering and project management professionals that have a track record of delivering projects on time and to budget.

Our fleet support services go far beyond the ‘introduction to traffic’ phase, as we continue to support our assets throughout their whole operating lives.

Our ability to raise funding is supported by a Baa2 (stable) credit rating from Moody’s, see details on our rating here.