Rail News – Late April 2021

Burton-on-Trent locomotive manufacturer, Clayton Equipment, has secured an eight-figure underwriting facility from HSBC UK to help with the build of 14 hybrid locomotives for Beacon Rail Leasing.

The new contract will see Clayton Equipment produce hybrid machines, the first of their kind for the UK rail industry. The green locomotives are set to lower emissions by 90% per tonne haul, compared to their diesel counterparts, using large rechargeable traction batteries.

https://www.thebusinessdesk.com/eastmidlands/news/2047557-maufacturer-steams-ahead-with-eight-figure-support-from-bank

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