AMP Capital and Canada’s Public Sector Pension Investment Board (PSP Investments) have agreed to sell their shareholdings in Alpha Trains, a major rolling stock company in Europe, in two separate transactions.
AMP sold its stake to APG, which already owns an indirect interest in Alpha Trains, and PSP Investments sold its stake to PGGM Infrastructure Fund. Financial terms were not disclosed.
Alpha Trains provides flexible leasing solutions to train and locomotive operators across 17 European countries. Its portfolio is made up of 855 trains and locomotives — with the majority of the fleet electric.
AMP Capital and PSP Investments have been investors in Alpha Trains since 2008.
“Alpha Trains continues to be the leading Continental European rolling stock lessor, and our resilience through 2020 highlights the strength of our business,” said Shaun Mills, CEO of Alpha Trains. “I would like to thank AMP Capital and PSP Investments, our two exiting shar
