The financing of New Trains for TransPennine Trains Limited

TransPennine Express
Scotland
Selective procedure
8 September 2026 to 8 September 2042

Financing is sought for new-build rolling stock for rail services. Fleet size, train specifications and commercial terms are not stated in this notice; further information is to be supplied through a subsequent SSQ and MOI.

Open the official notice

Awarded value: £1.1bn; As published
Published: 25 July 2024
Awarded: 8 September 2026; Rock Rail TPE Plc
Contract length: 192 months; Ends 8 September 2042

What the contract covers

Owner financing, ownership and leasing

Provision of asset financing for new-build passenger rolling stock, including funding structures tailored to rail operators and train procurement programmes.

Finance, own and lease the new Units for use in passenger service
Provision of asset management services

Terms and requirements

Contract type: Owner financing, ownership and leasing
Procedure: Selective procedure
Contract dates: 8 September 2026 to 8 September 2042
Certifications asked for: None stated
Lots: 1
Suitable for SMEs: Not stated
Category: Supplies
CPV codes: 34620000, 66114000

Services in this contract

Rolling stock and locomotive leasing and hireMain service£78m typicalOwner to finance, own and lease new trains with asset management

Lifecycle

Published
25 July 2024
Contract awardedto Rock Rail TPE Plc
8 September 2026
Contract starts
8 September 2026
Contract ends
8 September 2042

The buyer

TransPennine Express

Type: Locked
Contracts, 24 months: Locked
Recorded value: Locked
Typical contract: Locked
Rolling stock leasing contracts, 24 months: Locked

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Contact details

Name: Locked
Email: Locked
Phone: Locked
Address: Locked

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The supplier

Rock Rail TPE Plc

Contracts won, 24 months: Locked
Value won, 24 months: Locked
Buyers, 24 months: Locked
Size: Locked

Main buyers

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Cite this contract

Link: https://bidskim.com/tender/859801/the-financing-of-new-trains-for-transpennine-trains-limited
Buyer reference: BIP1059900063
Last checked: 5 November 2026

TransPennine Express. The financing of New Trains for TransPennine Trains Limited. Contract award, 25 July 2024. BidSkim, https://bidskim.com/tender/859801/the-financing-of-new-trains-for-transpennine-trains-limited (accessed 5 November 2026).