Financeable

“So we had to figure out something we could do to get this project going that was financeable and workable in today’s market.”

Despite these uncertainties, Clarke told MPs he was convinced of the need to order trains powered by batteries. He said: "We're calling for a 'no regrets' order of battery trains because we see them always having a future. We see them being fundable, financeable, similar cost to diesel trains, and we know that however much electrification we would aspire to do, there's always going to be at least a third of the network that isn't electrified.