KKR, Green Mobility Partners create rail leasing platform
Investment firm to acquire majority stake in Green Mobility
Electric locomotive leasing company Green Mobility Partners and global investment firm KKR have launched a European rail leasing platform to meet growing demand for sustainable rail infrastructure.
KKR will acquire a majority stake in Green Mobility Partners (GMP), providing capital to expand the company’s fleet and pursue growth opportunities, according to a news release today. Terms of the deal were not disclosed, and the transaction is subject to customary approvals.
The partnership comes as Europe’s rail transport sector faces mounting pressure to modernize aging infrastructure and reduce reliance on diesel locomotives. The acquisition also aligns with KKR’s broader focus on infrastructure decarbonization and energy assets.
“GMP combines a resilient, contract-backed business model with powerful secular tailwinds in both locomotive and passenger rail leasing,” Vincent Policard, co-head of European infrastructure at KKR, stated in the release. “By providing flexible capital solutions and leveraging our global infrastructure expertise, we can support GMP’s growth and contribute to Europe’s sustainable transport infrastructure.”
KKR has committed more than $31 billion globally to energy transition and renewables projects since 2011, according to the release.
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