Cross London Trains
Cross London Trains (“XLT”) is a rolling stock fleet of 115 Siemens Desiro City Class 700 trains running on the ThamesLink passenger rail franchise across London in the UK. The fleet consists of all electric commuter trains. The fleet was delivered from 2016-2018 and has been in full operation since then.
AIP investors, together with Dalmore Capital and HICL infrastructure, hold a combined stake of 33% equity stake in XLT alongside co-shareholders Siemens (33%), Innisfree LP (33%).