Contract award · 8 Sep 2026

The financing of New Trains for TransPennine Trains Limited

Transpennine Trains Limited awarded “The financing of New Trains for TransPennine Trains Limited” to Rock Rail TPE Plc for £1.1bn on 8 Sep 2026.

Financial & insurance servicesNorth West

Value £1.1bn

Competition with a shortlist

Competitive procedure with a selection stage: suppliers were shortlisted before being invited to bid.

Key facts

Buyer
Transpennine Trains Limited · Body governed by public law
Value
£1,102,317,522
Procedure
Negotiated procedure
Sector
Financial & insurance services · Financial leasing services (CPV 66114000)
Timeline
  1. Contract date8 Sep 2026
  2. Published9 Oct 2026Published 31 days after the contract date

Description

The financing of New Trains for TransPennine Trains Limited (including any potential successors). TPE conducted this procurement (New Trains Financier) to procure an Owner to finance, own and lease the new Units for use in passenger service. TPE sought tenders for the financing and ownership of: a. the Units; b. the Associated Equipment; and c. as well as the provision of asset management services.

About the supplier

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