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Eurotunnel candidate for Folkestone-London line
According to information gathered from WanSquare bank, Jacques Gounon, Eurotunnel's Chairman, has received approval of its board of directors for the auction as part of the privatization of the high-speed London-Folkestone .
It was mandated to participate, with the support of several partners including Goldman Sachs, the redemption of an amount between 1.5 and 2 billion pounds. The terms of the auction should be known Tuesday.
The British government announced in 2009 the privatization of the railway line linking St Pancras International in London to the Channel Tunnel. Eurotunnel had declared his intention to stand.
Indeed, the design of this line is based on a technology very similar to that used for the Channel Tunnel, both in civil engineering for the rails, signage, power or control system and communication.
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