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Porterbrook acquires Electrostar fleet

Posted: 14 March 2024 | | No comments yet

The rolling stock financier and asset management company, Porterbrook. have recently acquired 30 of the Electrostar fleet.

porterbrook electrostar

Porterbrook, the UK’s leading rolling stock financier and asset management company, has been successful in its bid to take ownership of 30 Class 379 Electrostars.

The intention is for the fleet to be leased to Govia Thameslink Railway (GTR) to run on the Great Northern route, as per the notice published 12th March 2024.

The EMU fleet, which was previously operated by Greater Anglia before coming off lease, was built in 2011 and is expected to be able to run for at least another 20 years.

Stefan Rose, Chief Investment Officer at Porterbrook, said: “We’re pleased to take these vehicles under our wing. This is an excellent fleet of Electrostars with a long service life ahead of them, perfectly suited to GTR’s requirements.”

GTR Engineering Director, Steve Lammin said: “Subject to acceptance, these additional trains will start the development of a design for the future growing demand across our network. These extra units provide an opportunity to support our business plan delivery in providing excellent service for our customers.”

The new units will complement GTR and Porterbrook’s already extensive fleet of 962 Class 377s and 260 Class 387s, the largest Electrostar fleet in the UK, which have been serving passengers on London, Surrey, Sussex, Great Northern and Gatwick routes for many years.