Plenary Group-led team wins Melbourne rolling stock PPP

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Plenary Group-led team wins Melbourne rolling stock PPP

This article is part of a daily series of MegaProjects articles. If you want to know more about PPP projects with a considerable size visit our MegaProjects section. You can receive them by email on a daily basis.

The Government of Victoria (Australia), through Public Transport Victoria, has selected the Evolution Rail consortium as preferred bidder for the Melbourne for the High Capacity Metro Trains PPP project.

The project includes the delivery of 65 new high capacity trains being built in Victoria over the next six years, and the construction of new maintenance facilities in Pakenham and Calder Park.

With a capacity to carry at least 1,380 passengers, including 26 allocated wheelchair spaces, the next generation designed trains are based on a proven and award winning A-Type platform, currently operating in fleets on Hong Kong’s world-acclaimed MTR rail network.

The Evolution Rail consortium comprises:

  • Downer Group: Delivery and maintenance lead, fleet manufacture joint venture partner, investor
  • CRRC Changchun Railway Vehicles: Design and technology lead, fleet manufacture joint venture partner, investor
  • Plenary Group: Commercial and financial lead, asset manager, investor.

In November 2015 we reported that two teams besides Evolution Rail had been shortlisted to carry out the project. These shortlisted teams were:

  • Bombardier - comprising Bombardier Transportation Australia, Macquarie Bank, ITOCHU and Infrared Capital Partners
  • Eureka Rail - comprising Alstom, the Bank of Tokyo-Mitsubishi UFJ and John Laing

The new fleet will be built at Downer’s Newport railyard in Melbourne’s west, which will receive a AUD$16 million (US$12.4 million) upgrade. 

Downer CEO Grant Fenn said:

 “The new train sets will be purpose-built for Melbourne and will be among the world’s best in terms of design, comfort, safety and capability”.

“Evolution Rail will deliver more than 60 per cent local content through engagement with Victorian regional and metropolitan businesses across the supply chain.”

“Downer’s investment, alongside the training and transfer of technology from the world’s largest rolling stock manufacturer in CRRC, will transform Victoria’s manufacturing industry and provide long term opportunities for Victorian businesses to become part of a global supply chain.”

“The manufacturing and delivery program is made possible by the extraordinary engineering resources of CRRC, coupled with Downer’s local manufacturing capability in high-skill, precision engineering and assembly.”

Plenary Group Chairman John O’Rourke said: 

“Evolution Rail is proud to be part of the Victorian Government’s transformation of Melbourne’s train network”.

“We are optimistic about the Andrews Government’s transport infrastructure agenda and with this project set out to demonstrate the value-for-money outcomes that can be achieved from a competitive PPP (public private partnership) process.”

List of country news

Country news

  • September 09, 2016

    Macquarie to sell stake in Macquarie Atlas Roads

    Macquarie Group Limited has announced its intention to sell down a portion of its stake in Macquarie Atlas Roads (MQA) as per the request for trading halt lodged with the Australian Securities Exchange (ASX). Read more
  • September 01, 2016

    ACT Government seeks proposals for street lighting project

    The ACT Government, Australia, is seeking innovative proposals for the management of Canberra’s streetlight network to deliver improved cost and energy efficiencies. Read more
  • August 31, 2016

    UniSuper extends Sydney's Water Filtration Plant PPP contract

    UniSuper has announced it has reinforced its long-term investment in Sydney’s Prospect Water Filtration Plant (Australia). Read more
  • August 29, 2016

    Palisade expands team in preparation for Renewable Energy Fund launch

    Palisade Investment Partners (Palisade), a specialist manager of Australian unlisted infrastructure, has announced that Karen Gould and Michael Reynolds have joined Palisade as Investment Managers. Read more
  • August 26, 2016

    Victoria creates new planning authority

    Melbourne's Metropolitan Planning Authority has been expanded Victoria-wide to boost planning support for regional cities and towns. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.