A spokesperson for I Squared – which is headquartered in Miami – said the US private equity firm had committed €2bn to expand and electrify Arriva’s fleet after its takeover, with a significant portion of those funds expected to be spent on its UK▸ operations.
So how's that going to work on the Chiltern Line and the unelectrified parts of the Cross-Country network?
Diesel electric traction instead of diesel mechanical
they are American after all