APG, the largest pension delivery organization in the Netherlands, has acquired a 41.1 percent interest in passenger train and locomotive leasing business Alpha Trains from Arcus European Infrastructure Fund 1 (AEIF1).
The Alpha Trains portfolio consists of more than 800 passenger trains and locomotives, including assets in procurement, on lease across Continental Europe, including Germany, France, Italy, Spain and Benelux. According to APG, the majority of the fleet is electric.
“As a long-term responsible pension investor, we are continuously looking for attractive investments that help us realize stable returns for ABP and the other pension fund clients we work for, while at the same time contributing to a sustainable world,” said Peter Branner, CIO of APG. “The investment in Alpha Trains Group perfectly fits our investment strategy: Alpha Trains’ fleet of mostly electric trains and locomotives promotes sustainable, low carbon mass transport within Europe wh
