(22 Nov 2017, 2:00 pm)Andreos1 wrote Or certainly a big chunk of the funding anyway.
It will be interesting to see what conditions are attached (franchise of system to DB was a previous proviso for funding).
"4.57 Tyne & Wear Metro – The government will invest £337 million from the NPIF to replace
the Tyne & Wear Metro’s nearly 40-year-old rolling stock with modern energy-effcient trains.
The new fleet will cut running costs while boosting performance and reliability for the 38 million
passengers that use the system annually. "
So specifically for the new rolling stock.