Financial Times FT.com

Bid plan for Channel tunnel rail group

By Robert Wright, Transport Correspondent, and Lina Saigol

Published: February 14 2006 22:09 | Last updated: February 14 2006 22:09

A consortium led by Sir Adrian Montague, the merchant banker and Treasury adviser, has approached the company building the UK?s first dedicated high-speed railway, the ?5.2bn (?7.58bn) Channel Tunnel Rail Link, about a possible bid.

The move is a sign of the growing interest among financial investors in infrastructure assets with predictable income flows and comes as London & Continental Railways nears completion of the 68-mile line from the Channel Tunnel to London?s St Pancras station.

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