GLIL Infrastructure Buys a 30% Stake in Agility Trains East
Posted on 11/19/2020
GLIL Infrastructure inked a deal to buy a 30% stake in a rolling stock fleet of trains which operate out of London King’s Cross called Agility Trains East (ATE). The seller is Hitachi Rail STS. Post-deal, Hitachi Rail will hold a 40% stake in Agility Trains East with GLIL and AIP owning a 30% stake each.
Agility Trains East was established in partnership with the U.K.’s department for transport to develop the Intercity Express Programme (IEP).