{"id":365086,"date":"2026-02-09T17:06:54","date_gmt":"2026-02-09T07:06:54","guid":{"rendered":"https:\/\/www.railfreight.com\/?p=69172"},"modified":"2026-02-09T17:06:54","modified_gmt":"2026-02-09T07:06:54","slug":"gb-railfreight-to-sell-part-of-its-diesel-fleet","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=365086","title":{"rendered":"GB Railfreight to sell part of its diesel fleet"},"content":{"rendered":"<p><strong>GB Railfreight is preparing to sell several\u00a0diesel locomotives from its fleet, including its Class 60s, selected Class 47s and several shunting engines, as it accelerates a wider transition toward modern, lower-carbon traction and data-driven operations.<\/strong><br \/>\n<span id=\"more-69172\"><\/span>Details of the locomotives will be published shortly via the company\u2019s website, with inspections planned in the coming weeks and an auction scheduled for March. \u201cWe are about to market several locomotives at GB Railfreight,\u201d the company said. \u201cThese will include our Class 60 fleet, [locomotive number] 59003, Class 47s and some shunt engines.\u201d GBRf has also indicated that it is open to short-term hire discussions ahead of the sale.<\/p>\n<h2>Diesel traction heads to the market<\/h2>\n<p>Among the most significant assets being offered are GBRf\u2019s ten Class 60 locomotives \u2013 the last heavy freight locomotives designed and built in the UK, delivered to British Rail in the early 1990s. Long associated with bulk and heavy haul flows, the Class 60s have played a central role in UK rail freight for more than three decades.<\/p>\n<p>The sale also includes three British-built Class 47s, part of a class of more than 500 locomotives constructed in the 1960s and still seen in daily service, alongside some shunting locomotives used for operational and support duties. Together, the offering is expected to attract interest from industrial operators, leasing companies and the heritage sector.<\/p>\n<h2>A shift toward modern, bimodal power<\/h2>\n<p>The disposal of older diesel traction comes as GBRf advances its <a href=\"https:\/\/www.gbrailfreight.com\/locomotives\/\"  rel=\"noopener\">fleet modernisation strategy<\/a>, most visibly through the introduction of the <a href=\"https:\/\/www.railfreight.com\/business\/2025\/11\/06\/gb-railfreights-new-class-99-get-green-light-for-uk-operations\/\"  rel=\"noopener\">new Class 99 locomotive<\/a>. Based on Stadler\u2019s Eurodual platform, the bimodal design allows the locomotive to operate on both electrified 25 kV AC routes and non-electrified lines, reducing reliance on diesel power where overhead wires are available.<\/p>\n<figure style=\"max-width: 100%; margin: 20px auto; border-radius: 6px; overflow: hidden; box-shadow: 0 2px 8px rgba(0, 0, 0, 0.1);\"><img fetchpriority=\"high\" decoding=\"async\" class=\"fluid alignnone\" style=\"width: 100%; height: auto; display: block;\" src=\"https:\/\/www.railfreight.com\/wp-content\/uploads\/2025\/07\/GBRf-99-Launch-4-99001-in-the-shed-head-on-SW.jpg\" alt=\"GBRf Class 99 locomotive 99001 under wraps at Peterborough depot\" width=\"960\" height=\"640\" \/><figcaption style=\"padding: 10px 15px; font-size: 14px; background: #f8f8f8; text-align: left; color: #555;\">Head on and under wraps. 99001 unboxed in the Peterborough depot of GBRf. Image: \u00a9 Simon Walton<\/figcaption><\/figure>\n<p>The Class 99 delivers 6,000 kW at the wheel, offers a tractive effort of 500 kN and is capable of speeds up to 120 km\/h. Fitted with a high-power, low-emissions Stage V engine, the design is intended to support decarbonisation while maintaining the performance required for heavy freight operations. A batch of ten examples is currently under delivery, with options for more in future.<\/p>\n<h2>Financial backing for long-term growth<\/h2>\n<p>The traction changes are underpinned by a major refinancing package aimed at supporting future investment. Infracapital, the infrastructure private equity arm of M&amp;G, has agreed a \u00a3218 million (255 million euros) financing deal for GBRf, refinancing existing facilities and renewing capital expenditure funding.<\/p>\n<p>The package includes a \u00a3143 million (167 million euros) ten-year private placement from PGIM (an American-based investment house) alongside \u00a375 million (88 million euros) in facilities from HSBC UK. The refinancing is intended to provide long-term financial stability while enabling continued investment in locomotives, infrastructure and technology.<\/p>\n<h2>High-tech maintenance and new jobs<\/h2>\n<p>Alongside fleet revival and finance renewal, GBRf has also upgraded its maintenance regime through a new ten-year agreement with Wabtec UK. The deal introduces <a href=\"https:\/\/www.gbrailfreight.com\/gb-railfreight-signs-new-biggest-maintenance-deal-with-wabtec-in-peterborough\/\"  rel=\"noopener\">Wabtec\u2019s KinetiX<\/a> laser-guided inspection technology at the operator\u2019s Peterborough operational headquarters and maintenance hub. GBRf say it\u2019s a first for UK rail freight.<\/p>\n<figure style=\"max-width: 100%; margin: 20px auto; border-radius: 6px; overflow: hidden; box-shadow: 0 2px 8px rgba(0, 0, 0, 0.1);\"><img loading=\"lazy\" decoding=\"async\" class=\"fluid alignnone\" style=\"width: 100%; height: auto; display: block;\" src=\"https:\/\/www.railfreight.com\/wp-content\/uploads\/2026\/02\/Wabtecs-KinetiX-laser-guided-inspection-technology-Wabtec.jpg\" alt=\"Wabtec KinetiX laser-guided inspection technology being used on rail equipment\" width=\"960\" height=\"507\" \/><figcaption style=\"padding: 10px 15px; font-size: 14px; background: #f8f8f8; text-align: left; color: #555;\">Wabtec\u2019s KinetiX laser-guided inspection technology in action. Image: \u00a9 Wabtec and GB Railfreight<\/figcaption><\/figure>\n<p>KinetiX captures up to 20,000 images per second, enabling faster and more accurate inspections of wagons and improving reliability across GBRf\u2019s 585-strong FEA wagon fleet. The expanded maintenance activity and new technology are expected to create twelve additional roles, reinforcing the company\u2019s focus on skills and workforce development.<\/p>\n<p>Despite moves toward cleaner and more flexible traction. The Class 60s and Class 47s continue to hold value for specific operational niches and preservation. The latter still represents the most numerous and widely adopted diesel unit ever on the British network. GBRf\u2019s investment in Class 99 locomotives, advanced maintenance systems and long-term financing highlights a forward-looking strategy, based on decarbonisation, resilience and reliability. The older marques put up for auction have all played an extended role in achieving.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GB Railfreight is preparing to sell several\u00a0diesel locomotives from its fleet, including its Class 60s, selected Class 47s and several shunting engines, as it accelerates\u2026<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[72,3055,5541,8373,12501,2931,7477,19498,471,47,19499,2024,2328],"tags":[12634],"class_list":["post-365086","post","type-post","status-publish","format-standard","hentry","category-business","category-class-47","category-class-59","category-class-60","category-class-99","category-gb-railfreight","category-gbrf","category-kinetix","category-news","category-rail-news","category-refinancing","category-sale","category-wabtec","tag-railfreight"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/365086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=365086"}],"version-history":[{"count":3,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/365086\/revisions"}],"predecessor-version":[{"id":365122,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/365086\/revisions\/365122"}],"wp:attachment":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=365086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=365086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=365086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}