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FirstGroup has formed a multimillion-pound joint venture with Hitachi to lease batteries to power its growing fleet of zero-emission buses. The group, the last of the big domestic passenger transport operators of trains and buses still listed on the London stock market, has agreed the 50-50 joint ve
First Group: As part of the agreement, NextGen AssetCo, a 50-50 joint venture between FirstGroup and Hitachi ZeroCarbon, will purchase the batteries, which will then be leased to First Bus over an eight-year period. The lease can be extended by two years.
Stock prices in London opened higher on Friday, despite weaker-than-expected October retail sales figures for the UK. The FTSE 100 index opened up 50.90 points, 0.7%, at 7,461.07. The FTSE 250 was...
FirstGroup plc announced that it has agreed a strategic partnership with Hitachi as part of the Group's bus fleet and infrastructure decarbonisation programme. The partnership will provide the...
Stock prices in London were up at midday on Friday, as a week of favourable data as far as inflation goes gave investors a reason to overlook disappointing UK retail sales figures. The FTSE 100...