Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

HS1 buyers expect stable and predictable returns

12 November 2010
 

Canadian Pension funds Omers and Ontario Teachers Pension Plan have bought the concession to operate HS1, stating that they believe it will offer predictable revenue flows.

The consortium has paid £2.1bn to the Government for the 30-year concession and will now be responsible for managing the 68-mile line, which links London to the Channel Tunnel, as well as managing St Pancras International, and the international stations at Stratford, Ashford and Ebbsfleet. Transport secretary Philip...

+67% more

 

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