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.
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.