QW Rail Leasing is a

rolling stock company A rolling stock company (ROSCO) or rolling stock leasing company owns and maintains railway engines and carriages which are leased to train operating companies who operate the trains. Africa * Sheltam Grindrod * Swifambo Rail Leasing Austral ...

(ROSCO) formed in 2008 to fund the purchase of

rolling stock The term rolling stock in the rail transport industry refers to railway vehicles, including both powered and unpowered vehicles: for example, locomotives, freight and passenger cars (or coaches), and non-revenue cars. Passenger vehicles can b ...

in the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...

, which would then be leased to train operating companies (TOCs). The company was formed as a joint venture between the

National Australia Bank National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia (colloquially referred to as "The Big Four") in terms of market capitalisation, earnings and customers. NAB was ranked 21st-la ...

and SMBC Leasing and Finance, with its first major leasing deal coming with Transport for London to fund the £300 million purchase of 57 Class 378 "Capitalstar" electric multiple units for

London Overground London Overground (also known simply as the Overground) is a Urban rail in the United Kingdom, suburban rail network serving London and its environs. Established in 2007 to take over Silverlink Metro routes, (via archive.org). it now serves a ...

Trains owned

*57 Class 378 "Capitalstar"

References

External links

Companies House recordsTfL news report
Post-privatisation British railway companies Rolling stock leasing companies British companies established in 2008 Railway companies established in 2008 Transport companies established in 2008 {{UK-rail-transport-stub