KKR takes majority stake in Green Mobility Partners

Siemens Vectron electric locomotive branded Green Mobility Partners on railway track under clear sky in Europe
© Green Mobility Partners
The transaction establishes a partnership aimed at expanding GMP’s activities in the European rail leasing market and is subject to customary regulatory approvals.

Global asset manager KKR has agreed to acquire a majority stake in Green Mobility Partners (GMP), a Vienna-based electric locomotive leasing company.

GMP was founded in 2024 and provides full-service leasing of Siemens Vectron electric locomotives. Its fleet is used in both freight and passenger services across Europe, with operations focused on electric traction. The company plans to expand its portfolio through additional fleet investment and acquisitions.

© Green Mobility Partners
© Green Mobility Partners

KKR will provide capital and support to fund this expansion. The investment is being made through vehicles managed by KKR. The partners cite continued demand for electric locomotives in Europe, linked to fleet renewal and the replacement of diesel traction.

KKR operates globally as an alternative asset manager and also owns insurance businesses managed under Global Atlantic Financial Group.


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