""We are delighted to support the refinancing of Go-Ahead and the electrification of its bus fleet," said Sean Cook, Head of Infrastructure Origination at NORD/LB. "As the UK accelerates its journey towards net zero, this financing will play a crucial role in enhancing public transport sustainability.""
"The financing package includes a supplementary capital expenditure facility dedicated to the expansion of Go-Ahead's electric bus fleet across London and other UK regions, ensuring a greener public transport system."
NORD/LB and a consortium of lenders have completed a refinancing agreement with Go-Ahead, a major UK public transport operator. This package combines refinancing of existing debt with new facilities for fleet electrification and infrastructure investments. The financing includes capital for expanding Go-Ahead's electric bus fleet and upgrading depots for zero-emission vehicles. Go-Ahead operates over 6,000 buses and has been involved in zero-emission operations for over a decade. NORD/LB aims to support transport electrification projects in Europe.
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