Porterbrook news
News about railway rolling stock leasing company Porterbrook.
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Rail Business UKPorterbrook raises £250m in private placement
UK: Leasing company Porterbrook has closed a £250m private placement which includes existing and new investors, extending its debt maturity profile at ‘attractive’ pricing and further diversifying its investor base of US, UK and Swiss institutions. ‘Today’s successful closing supports our ability to invest in the ...
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Rail Business UKTidyco to overhaul Class 170 HVAC units
UK: Porterbrook Leasing has awarded Tidyco a contract to overhaul and refurbish 444 cab and saloon heating, ventilation and air-conditioning modules from ADtranz/Bombardier Class 170 Turbostar diesel multiple-units operated by East Midlands Railway and CrossCountry. Porterbrook and Tidyco have worked together to develop a bespoke overhaul ...
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Rail Business UKPorterbrook to electrify Long Marston test track
UK: Porterbrook has announced plans to renew the 3·5 km test track at its Long Marston Rail Innovation Centre and install 25 kV 50 Hz electrification. Testing will be possible at speeds of up to 75 km/h, with the capability to support ETCS. ‘Substantial replacement of ...
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Rail Business UKPorterbrook to finance Class 730 depot improvements at Bletchley
UK: Rail leasing and asset management company Porterbrook is to finance a £66m upgrade of Bletchley depot as the principal maintenance base for West Midlands Trains’ Alstom Class 730 Aventra EMU fleet. This will include investment in overhead electrification equipment, 10-car and five car sidings, refurbishment ...
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Rail Business UKZephir shunters to replace Class 08 locos at steel works
UK: Leasing company Porterbrook has bought three Zephir LOK 16.300 depot shunters which will be leased to GB Railfreight for use at the Celsa Steel works in Cardiff. The LOK 16.300 is intended as a more sustainable option than the Class 08 diesel shunting locomotives currently ...
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Rail Business UKEast Midlands Railway begins regional train fleet refurbishment
UK: East Midlands Railway has begun a £60m programme to refurbish its fleet of Class 360 electric and Class 158 and Class 170 diesel multiple-units in partnership with Siemens Mobility and leasing companies Angel Trains, Porterbrook and Eversholt. The Siemens Class 360 EMUs leased from Angel ...
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Rail Business UKGB Railfreight orders wagons to increase capacity
UK: Leasing company Porterbrook is to supply GB Railfreight with 50 JNA-X box wagons for transporting bulk construction materials including ballast and stone. To be built by Greenbrier, the wagons are expected to arrive in the third quarter of 2024. They are intended to replace older ...
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Rail Business UKPorterbrook purchases Long Marston Rail Innovation Centre
UK: Porterbrook has purchased the freehold of the Long Marston Rail Innovation Centre from St Modwen. ‘This deal provides absolute clarity for our business, our shareholders and the wider rail industry over the long-term future of Long Marston Rail Innovation Centre’ said Poterbrook CEO Mary Grant ...
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Rail Business UKPorterbrook takes stake in Brodie Engineering
UK: Rolling stock leasing and asset management company Porterbrook has agreed to take a 49% stake in Brodie Engineering, which specialises in the heavy maintenance, refurbishment and overhaul of passenger and freight vehicles. Brodie Engineering was established in 1996 and now has two sites in Kilmarnock, ...
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Rail Business UKRail Charging Facility to enable battery trains to use local power supplies
UK: Porterbrook has announced a £1·7m deal with Siemens Mobility to purchase a Rail Charging Converter, a modular and containerised system developed to enable a battery-powered train to be recharged from standard local power supply cables in places where 25 kV 50 Hz overhead electrification is ...
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Rail Business UKLNER orders CAF tri-mode inter-city trains
UK: London North Eastern Railway has awarded CAF a contract to supply a fleet of 10 tri-mode 200 km/h inter-city trainsets for use on East Coast Main Line passenger services. The trainsets will be financed and owned by leasing company Porterbrook. CAF said the order announced ...
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Rail Business UKGB Railfreight takes delivery of 150 wagons
UK: The last of 150 wagons which leasing company Porterbrook has ordered from Greenbrier for use by GB Railfreight have been delivered. The companies said on-time delivery represented a significant achievement, as the project was impacted by the pandemic, supply chain disruption, a surge in inflation ...
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Rail Business UKAsset management facility opened at Long Marston
UK: Porterbrook has spent £3m converting existing sheds at its Long Marston Rail Innovation Centre to provide space for rolling stock maintenance, modification, upgrading and acceptance activities. With full road and rail access, the Asset Management Facility provides three well-lit pit roads ...
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Rail Business UKAsking passengers what they want from train interiors
UK: A report into what passengers want from train interiors has been produced to help inform the proposed refurbishment of Turbostar diesel multiple-units. Built by Bombardier Transportation from the late 1990s, the units are widely deployed by various train operators on regional services across the British ...
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Rail Business UKJNA-X box wagon prototype for GB Railfreight rolled out
UK: The first of 50 JNA-X box wagons ordered by leasing company Porterbrook for use by GB Railfreight has been rolled out at Greenbrier Europe’s factory at Arad in Romania. The order was announced on March 15, and deliveries are planned in two batches in September ...
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Rail Business UKClass 43 ETCS retrofit project makes progress
UK: Thales and leasing company Porterbrook have announced the successful retrofitting of three Class 43 HST power cars with ETCS onboard equipment complying with UNISIG baseline B3R2. Following successful ETCS Level 2 Testing at Network Rail’s Melton Rail Innovation & Development Centre ...
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Rail Business UKWagons ordered for growing freight traffic
UK: GB Railfreight and leasing company Porterbrook have placed an order for The Greenbrier Companies to supply 50 JNA 60 m3 capacity four-axle box wagons for transporting construction materials.
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Rail Business UKOnboard track condition monitoring sensors on trial in Scotland
UK: Hitachi Rail’s Perpetuum subsidiary is working with Network Rail, Porterbrook and ScotRail to test the use of onboard digital sensors to automate the detection of track faults. The self-contained and self-powered sensors mounted in trains running in passenger service use a combination of gyroscopes and ...
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Rail Business UKRolls-Royce and Porterbrook to co-operate on synthetic and net zero fuels
UK: Rolls-Royce and Porterbrook have signed a memorandum of understanding to investigate the potential use of synthetic and net zero fuels in internal combustion engines and fuel cells. The companies will also explore the potential for ‘advanced hybridisation’, based on their experience with the HybridFLEX diesel ...
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Rail Business UK‘Cleaner, quieter and quicker’ diesel-battery hybrid train enters passenger service
UK: Chiltern Railways has put into passenger service its HybridFLEX hybrid multiple-unit, which is fitted with a battery pack to store regenerated braking energy which can then be used to provide emission-free operation in stations and urban areas without needing new infrastructure.