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Concessio Registry · Verified · GB-13-X-000078-3 · Rail · United Kingdom

London Overground (First Rail London Concession)

First Rail London Ltd (FirstGroup subsidiary) · United Kingdom · Expiry 2034
Last verified 26 Jul 2026
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Registry entry · Verified Grantor on file: Transport for London (TfL) · 8 years remaining Canonical ID: GB13X0000783
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Overview
Expiry
2034
8 years remaining
Deep Scan
Investment ThesisLocked
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London Overground (First Rail London Concession) is a rail concession in the United Kingdom, with 8 years remaining to the 2034 contract end — grantor Transport for London (TfL), operated by First Rail London Ltd (FirstGroup subsidiary).
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Public Registry Fields
General Information
10 fields · free public lookup
Canonical ID
GB13X0000783
Display format
GB-13-X-000078-3
Country
United Kingdom (GB)
Sector
Rail (13)
Family
Transport
Structure
TfL Concession
Grantor
Transport for London (TfL)
Operator
First Rail London Ltd (FirstGroup subsidiary)
Term start
Contract end
03 May 2034
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Contract Economics
Financial Terms & ClausesLocked
standard term set
TermValuePrice basePeriodAs of
Tariff / indexation mechanism
Concession fee / revenue share
Termination compensation
Change in law
Handback provisions
Locked rows show the standard Rail concession term set tracked by Concessio; extracted values render as they are verified against primary sources. Full clause text and citations are available in the app.
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Sector-Benchmarked
Operating KPIsLocked
standard KPI set
MetricLatestPeriodSector percentileCoverage
Annual passengers
Locked rows show the standard KPI set for this asset class — series and percentile placement unlock in the app.
Counterparties
Parties & ContactsPartial
2 public · more in the full profile
Grantor
Transport for London (TfL)
Grantor of record · United Kingdom
Operator / SPV
First Rail London Ltd (FirstGroup subsidiary)
Company No.
In the full profile
Sponsors / equity holders
Senior lenders
O&M contractor
Financial adviser
Legal adviser
Diligence Signals
Risk & CounterpartyLocked
3 signal groups
Diligence signals
Grantor election exposure
Disputes & precedent
The full risk register covers counterparty credit, political cycle, regulatory determinations and dispute history for concessions in this class.
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Public Record
FAQs
Who is the grantor of this concession?
The grantor on file is Transport for London (TfL).
Who operates London Overground (First Rail London Concession)?
The operator on record is First Rail London Ltd (FirstGroup subsidiary).
When does the concession expire?
The contract end on file is 03 May 2034 — 8 years remaining.
Transparency
Data & Sources
How this entry is verified
Registry identity fields; verification expands by tranche.
How Concessio sources data
Records are extracted from primary public sources — regulatory filings, government disclosures and official registries — and cross-checked before entering the platform. Every published datum carries its source citation in the app.
Coverage on this concession
Registry fields10 · public
Sector Snapshot
Rail
542 concessions on file
Country Snapshot
United Kingdom
945 concessions on file
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