AIP Management, a specialist investor in energy and decarbonization infrastructure, has signed an agreement to acquire an additional stake in XLT Cross London Trains. AIP first invested in XLT in 2022, complementing its 2020 investment in Agility Trains East and underlining the firm’s broader commitment to UK electrified rail infrastructure.
XLT owns and operates a fleet of 115 Siemens Desiro City Class 700 electric trains on the Thameslink passenger rail route. This is one of the United Kingdom’s most important transport corridors, covering the North-South London commuter axis and serving major hubs including St Pancras International, Gatwick Airport and Luton Airport.
The investment benefits from a long-term lease structure, providing an availability-based income stream. Furthermore, there is a long-term maintenance agreement in place with Siemens. The Class 700 fleet deployed on the route is fully operational, bespoke to the route’s infrastructure and has demo
