London & Continental Railways
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high speed rail
LCR is a government-owned company (Department for Transport). In November 2010, LCR sold HS1 Ltd with its 30 year concession for the track and stations to a consortium comprising Borealis Infrastructure and the Ontario Teachersí Pension Plan for £2.1 billion. LCR retained a 40% stake in Eurostar International Ltd on behalf of the state until March 2015.
London & Continental Railways Limited
LCR built High Speed 1 (formerly CTRL). The government purchased LCR on 8 June 2009. The prevous shareholders were: Ove Arup & Partners, Bechtel Ltd, Sir William Halcrow & Partners, National Express Group plc, UBS Group AG (formerly S G Warburg & Co Ltd), EDF Energy Group plc (formerly London Electricity plc), French Railways Ltd/Systra