Administrators of Wrightbus, the Northern Ireland maker of the “Boris bus” that employs 1,200 people, mainly in Ballymena, are reported to be in exclusive talks with a single buyer, understood to be Mr Bamford, 41.
Transport for London has awarded a £12 million contract to Wrightbus and Ryse Hydrogen, its partner, to convert 20 buses to zero-emission, hydrogen-fuelled vehicles. Mr Bamford set up Ryse two years ago to produce hydrogen for buses.
The consortium was awarded the contract with the help of £5 million of European Union cash, according to TfL.
Wrightbus blamed its woes on a decline in demand for buses in the UK after global changes from diesel to electric technology.
Photo by Paul Fiedler on Unsplash
