Fourteen new trains to drive First Rail open access growth
FIRSTGROUP PLC fourteen new trains to drive First Rail open access growth FirstGroup plc (the ‘Group’) is pleased to announce that it has entered into a Lease Agreement with Angel Trains Limited (‘Angel Trains’) and Hitachi Rail Limited (‘Hitachi’) for the lease of 14 new trains. · The Group has signed an agreement with Angel Trains and Hitachi to lease 14 new five-car class 80X Hitachi electric, battery electric or bi-mode trains (70 cars in total) at a cost of c.£500m including maintenance, over a ten year lease period · The trains will be manufactured by Hitachi in County