I wish people would stop mentioning the Class 230s as some sort of panacea. We have to be realistic that a 60mph battery powered train is not an ideal replacement for a 100mph 4 carriage train. The 230s would only be any use on branch lines. For instance, the class 230s could never work as stoppers on the congested lines through Manchester Airport and Stockport as the 319s currently do/769s would do if in service.
If anything it would make more sense for the ROSCOs to modernise some of the existing Pacers to Pacer-e concept. It would buy them and Northern a few years with a view to a new rolling stock by 2024 - which I hate saying as the Pacers have had their day if it is the aspiration to have a 21st century modern rail network across the North which is needed badly.
There is no point spending serious money on Pacers. Northern and GWR already have new trains or cascades planned to get rid of them. That just leaves the 30 units in Cardiff. Even without the 769s, over half that fleet will go with the other planned cascades.