Macquarie European Rail

Macquarie European Rail (formerly Lloyds TSB General Leasing) is a Rolling Stock Company (ROSCO) formed in 2009 as part of the Lloyds Banking Group. Prior to its formation, Lloyds already had a stake in the UK rolling stock leasing market through its membership of the consortium that purchased Porterbrook in 2008.[1] The company's first major train order was a £160 million purchase of up to thirty new 4-car Electrostar EMUs for use by National Express East Anglia on its Stansted Express and West Anglia routes.[2] Lloyds TSB has also financed the 30 Class 70 locomotives entering service with Freightliner.[3]

In November 2012, Lloyds Banking Group sold the company to Macquarie Group. [4]

References

  1. ↑ Bombardier train leasing deal for Lloyds TSB - Leasing Life, 15/04/09
  2. ↑ East Anglian Rail Service Improvements - DfT Rail, 02/04/09
  3. ↑ Freightliner launches locos - Modern Railways
  4. ↑ http://tfi-news.com/news/item/?n=16401
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