Global Infrastructure SherpaReading Buses secures £3 million grant for 17 electric double-decker buses
GBP3M
Deal Value
Reading Buses, the council-owned bus operator, has secured a £3 million grant from Reading Council to expand its electric bus fleet. This funding will enable the acquisition of 17 additional electric double-decker buses, bringing the total number of electric double-deckers in Reading to 49. The deal supports the town's transition to sustainable public transport.
Get daily transport deal alerts — free, no spam.
Counterparts (2)
Subscribe to access full counterpart details, deal analysis, and timeline.
Subscribe from €20/mo →Deal Analysis
Reading Council is providing a £3 million grant to its own municipal operator, Reading Buses, for 17 new electric double-decker buses. This internal financing pushes the total electric double-decker count in Reading to 49, significantly expanding the fleet of the 1901-established bus company. As the local authority responsible for public services and infrastructure, the council is directly accelerating the town's transition to sustainable transport through its owned entity. This approach highlights how local government ownership can drive green fleet upgrades.
- £3M grant from Reading Council to its own operator, Reading Buses.
- 17 new electric double-deckers added to the fleet.
- Total electric double-deckers in Reading now 49.
- Reading Buses, a 1901-established municipal operator, is council-owned.
Timeline
Announced
Mar 12, 2026
Signed
Closed
Get the full picture — timeline, source intelligence, and counterpart analysis.
Subscribe from €20/mo →