Green Mobility Partners (GMP), a Vienna-based locomotive leasing company, is partnering up with the leading global investment firm KKR. The New York-based investor will gain a majority stake in GMP, giving it ample opportunity to expand in the future. A new kid on the block with a major patron.
GMP and KKR say that their partnership is aimed at meeting the growing demand for sustainable rail infrastructure across the European continent. GMP currently leases out electric Siemens Vectron locomotives. However, there are plans to “expand significantly through both organic growth and strategic acquisitions”, the companies say.
The partnership with KKR positions GMP well for the future. The leasing company was founded only in 2024, but has already attracted the blessings of the multi-billion dollar leading global investor.
KKR will provide capital and strategic support with the aim of scaling the locomotive fleet and pursuing growth.
“Europe’s rail infrastructure requires significant modernisation to meet its decarbonisation objectives”, commented CEO and founder of GMP Christoph Katzensteiner. “I am delighted to partner with KKR to help address these needs and build a leading European rail leasing platform. With KKR’s support and our established relationships with both operators and manufacturers, GMP is ideally positioned to provide the flexible, sustainable infrastructure solutions that Europe’s rail sector urgently needs as it transitions to a low-carbon future.”
As a leading global investor, KKR’s infrastructure platform has allocated more than 31 billion dollars to energy transition and renewables projects across the planet. The structural shift from old to new and sustainable rail infrastructure in Europe has prompted KKR to acquire the majority stake in GMP.