Financing
Reliance Rail has funded the design and construction of Sydney's new fleet of suburban passenger trains. RailCorp makes payment to Reliance Rail based on the availability of the train sets over the life of the contract.
The funding model developed by ABN AMRO and Babcock and Brown utilises a hybrid structure which has resulted in the lowest cost financing in the history of any PPP in Australia. The funding structure was recently acknowledged with the PPP deal winning CFO Magazine's Annual Structured Finance Transaction of the Year Award.
Artist's impression of Sydney's
new suburban passenger train
new suburban passenger train