Rail supplier news from Alstom, Eversholt Rail, RailWorks and Thales (Nov. 10)

Alstom and Eversholt Rail, a British train owner and financier, have agreed to a memorandum of understanding (MOU) aimed at delivering the U.K.’s first-ever hydrogen train fleet. The two companies have agreed to share the technical and commercial information necessary for Alstom to design, build, commission and support a fleet of 10 three-car hydrogen multiple units (HMUs). The units will be built by Alstom in Britain. The new HMU fleet will be based on the latest evolution of the Alstom Aventra platform and the intention is that final contracts for the fleet will be signed in early 2022, according to an Alstom press release.

Bernhard Capital Partners Management LP, a services and infrastructure-focused private equity management firm, today announced the completion of its acquisition of RailWorks Corp. from Wind Point Partners, a Chicago-based private equity firm. Kevin Riddett continues to serve as RailWorks’ president and CEO, and the company’s executive team remains unchanged, according to a press release.

Thales has signed a framework agreement and MOU with the Egyptian National Railway (ENR). The agreement concerns the modernization of signaling and telecommunication, track rehabilitation and duplication of Qalyoub- Menouf-Tanta Line and the Qalyoub-Shebin El Qanater-El Zagazig Line, two key priority lines for ENR, located in the Delta Region in Egypt. The MOU involves the modernization of two interlocking stations located in Farz and Limon bridge.