Selection of an Investment Partner for the Global Centre of Rail Excellence
GCRE Ltd · Wales
Key facts
- Buyer type
- Other public body
Description
This is an investment and commercialisation opportunity in relation to the Global Centre of Rail Excellence ("GCRE"), a planned railway infrastructure and rolling stock testing, proving, demonstration and storage facility in South Wales, on a site of 700 hectares located within the Powys and Neath Port Talbot local authorities. GCRE is being developed by GCRE Ltd, wholly owned by the Welsh Government. Through this procurement process, GCRE Ltd is seeking a joint venture partner ("Strategic Investor") to develop and fund GCRE to completion. The Strategic Investor will play a lead role in its successful and timely implementation, along with further commercialisation of the GCRE opportunity. The Strategic Investor could be a single investor or a consortium of investors, who will acquire a majority shareholding in and control of GCRE Ltd (being a minimum of 51%). The GCRE team will be holding an event in London on Wednesday 7 December 2022 to discuss the opportunity ahead in more detail with potential Strategic Investors. Those wishing to register for the event can do so here: https://directory.railbusinessdaily.com/gcre/
Categories (CPV)
- 71541000 Construction project management services
- 50222000 Repair and maintenance services of rolling stock
- 50224000 Reconditioning services of rolling stock
- 34940000 Railway equipment
- 34632300 Electrical installations for railways
- 45200000 Works for complete or part construction and civil engineering work
- 45213000 Construction work for commercial buildings, warehouses and industrial buildings, buildings relating to transport
- 45213320 Construction work for buildings relating to railway transport
- 45234112 Railway depot construction work
- 45213313 Service-area building construction work
- 09310000 Electricity
- 31121110 Power converters
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