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PIC makes first rolling stock infrastructure investment

The new rail technology delivers enhanced energy efficiency and lower pollution

Stephanie Baxter

11 October 2022 • 2 min read

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A 3-Car Class 730 Electric Multiple Unit from the Corelink Fleet. Photo courtesy of Corelink

Pension Insurance Corporation (PIC) will provide £102m of debt financing to support the delivery of new electric and diesel rolling stock to Corelink Rail Infrastructure Limited.

The deal, which marks the insurer's first investment in rolling stock infrastructure, will include two new electric multiple unit fleets to be built by Alstom, based in Derby, and one new diesel mu...

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