Sign up to our weekly newsletter, RAIL Briefing

Up to speed: Canadians eye sale of UK railway line

The Canadian owners of High Speed 1 are considering its sale after receiving a number of approaches, writes Arash Massoudi.

Borealis Infrastructure and Ontario Teachers’ Pension Plan, which acquired the 30-year concession for £2.1bn in 2010, will appoint a financial advisor to help the review process.

Sources estimate that the holding company’s assets, which includes St Pancras and Stratford International stations, could be valued at £3.6bn. 

We've read it in: Financial Times, December 9 2017, p18