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Light rail/tram, PTE/PTEG/RTP/ITA, Other, PTE/ITA/RTP, Metropolitan Counties, Northeast England
Deutsche Bahn lands Tyne & Wear Metro deal
Concession will last for between seven and nine years from AprilNexus inks a deal that will allow it to retain ownership and unlock £300m in funding
Nexus, the Tyne &?Wear PTE, has surprised the industry with the news that it has awarded the multi-million pound contract to operate the Metro light rail system to Deutsche Bahn subsidiary DB?Regio.
The German rail giant beat off competition from rival operators, including an in-house Nexus bid from Metro’s management. The new concession will begin in April 2010 for a length of between seven...
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