News

Wrightbus to create hydrogen production facility

Plans have been unveiled for a multi-million-pound green hydrogen production facility at the Ballymena headquarters of Wrightbus. Subject to planning approval, the new facility, which is being delivered by Wrightbus in partnership with Hygen Energy, will initially produce enough clean energy to power 300 hydrogen buses a day in Northern Ireland. Green hydrogen is made […]

TCs supporting operators during funding uncertainty

As uncertainty abounds over whether there will be continued financial support for buses from the government after March, the Traffic Commissioners (TCs) have stepped in to issue their support for the sector. The Office of the Traffic Commissioners (OTC) understands the uncertainty over funding may result in operators choosing to cancel or vary service registrations […]

FirstGroup buys Ensignbus

FirstGroup plc has agreed to buy Ensign Bus Company Limited, the Essex-based operator founded by Peter Newman which has extensive operations around London. The acquisition of the Ensignbus business will not only provide a number of synergies and value accretive growth opportunities in the B2B and bus vehicle dealership markets, but it will also enhance […]

Asset Alliance Group hits £500m milestone

Asset Alliance Group’s bus and coach division has reached a major milestone after exceeding £500 million in funding vehicles for the sector. The transport solutions specialist has financed more than 2,500 buses and coaches since Forest Asset Finance was acquired by Asset Alliance Group in 2015. Spearheaded by founding directors, Michael Bycroft and Darren Fitzpatrick, […]