HS1 owners consider sale after receiving offers

HS1 owners consider sale after receiving offers

Deal by Canada’s Borealis and Ontario Teachers is unlikely to affect day-to-day services on the high-speed line

The pension funds that own the company running Britain’s only high-speed railway, HS1, are considering a sale after receiving a number of offers.

The Canadian investors, Borealis and Ontario Teachers, have announced a strategic review of their ownership of HS1 Ltd, which operates and manages the line on a 30-year concession until 2040.

Related: Chris Grayling unveils plans for fully privatised rail line

Continue reading…

Source: Guardian Transport

<a href="HS1 owners consider sale after receiving offers” target=”_blank”>HS1 owners consider sale after receiving offers