Eversholt Rail announces £60 million refurbishment contract

Eversholt Rail has awarded a £60 million contract to Wabtec for the refurbishment of the Class 321 Renatus fleet.

Eversholt Rail, the rolling stock asset management company, has announced an agreement with Wabtec for the refurbishment of its Class 321 Renatus fleet. The deal worth £60 million builds on Eversholt’s 2014 Class 321 Demonstrator programme aimed at refurbishing existing fleets and improving passenger experience.

Andy Course, Chief Operating Officer of Eversholt Rail Group said: “We started this phase of the project in July 2014 and it is incredible to see what has been achieved in such a short space of time. Our partnership with Wabtec will raise the bar on what can be achieved in a mid-life upgrade and will deliver a great and cost-effective transformation in passenger experience.”

Ray Betler, Chief Executive and President of Wabtec Corporation added: “We are pleased to be working with Eversholt Rail Group on this innovative project over the coming years. We have already invested in a new dedicated production facility in Doncaster with state of the art systems and processes and I am looking forward to delivering an exceptional product for passengers and operators.”