Harman Patil (Editor)

Macquarie European Rail

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Founded  2009

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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. 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. Lloyds TSB has also financed the 30 Class 70 locomotives entering service with Freightliner.

Contents

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

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References

Macquarie European Rail Wikipedia


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