Alpha Trains secures RBS rolling stock

Leasing company Alpha Trains has acquired a fleet of 202 rolling stock assets from The Royal Bank of Scotland PLC (RBS) in a mixed asset and shares deal.

Alpha Trains, which has been managing the assets since investors bought Alpha Trains from RBS in 2008, has acquired a mix of locomotives and multiple units which are already being used by operators across Europe.

Shaun Mills,¬†Alpha Trains chief executive, said: “This is a key transaction for Alpha Trains and an important step in our strategy of growing the business.

“We know the assets well having managed their delivery and operation since 2008 and are looking forward to fully integrating them in our business for the benefit of our customers.”

Alpha Trains, which was established 10 years ago, has a current portfolio of around 370 locomotives and 300 passenger trains.