The Class 50 Alliance (C50A) has completed the acquisition of diesel electric locomotive 50007 Hercules, from Neil Boden, for mainline contract work.
“The purchase has only been possible thanks to the tremendous generosity of Phil Swallow and a small number of our existing shareholders, who have kindly provided the finance necessary to secure 50007. The C50A has to repay this loan over the next two years, and we’re now embarking on a major fund raising campaign to encourage shareholders old and new to become part-owners in not only Hercules, but the rest of the fleet.
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