# The financing of New Trains for TransPennine Trains Limited

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Transpennine Trains Limited](/buyers/transpennine-trains-limited/contract-awards)
- Contract winner: Rock Rail TPE Plc
- Award value: £1,102,317,522
- Tender value: £1,102,317,522
- Award date: 8 September 2026
- Published: 9 October 2026
- Contract start: 8 September 2026
- Contract end: 8 September 2042
- Stage: awarded
- Procurement category: services
- Notice ID: 54eb2b5f-5dce-478c-b322-971f7e20da62-917313
- OCID: ocds-b5fd17-408c18ef-cc0f-454e-8e70-82b386b160f5

## Description

The financing of New Trains for TransPennine Trains Limited \(including any potential successors\)\. TPE conducted this procurement \(New Trains Financier\) to procure an Owner to finance, own and lease the new Units for use in passenger service\. TPE sought tenders for the financing and ownership of: a\. the Units; b\. the Associated Equipment; and c\. as well as the provision of asset management services\.

## Related contract awards

- [New Trains Manufacturer](/contracts/ocds-b5fd17-55a60233-63bb-4e3a-8d2e-f3b2532c4934): Transpennine Trains Limited
- [VEAT Notice - Class 397 Train Services Agreement](/contracts/ocds-b5fd17-1eebc025-1440-4818-848f-42d48b8dc748): Transpennine Trains Limited
- [VEAT Notice - Class 397 Technical Support and Spares Supply](/contracts/ocds-b5fd17-0fe3b4e6-8b5a-47de-9e39-e9c1d66e173f): Transpennine Trains Limited

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/54eb2b5f-5dce-478c-b322-971f7e20da62-917313)