LGPS-backed infrastructure fund invests in East Coast Main Line Fleet

Hope William-Smith
clock • 1 min read

GLIL Infrastructure has agreed to acquire a 30% equity stake Agility Trains East (ATE) for a rolling stock fleet of 65 new UK intercity trains from Tokyo-headquartered Hitachi Rail.

The £1.8bn fund - which is backed by the Local Pensions Partnership and Northern LGPS - said the investment will provide reliable and sustainable returns for its pension members, while supporting i...

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Hope William-Smith
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Hope William-Smith

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