EQT’s flagship infrastructure fund, EQT Infrastructure VI, has signed an agreement to acquire Eagle Railcar Services, an independent provider of regulatorily mandated railcar repair and maintenance services in North America. Financial terms were not disclosed.
EQT will partner with Eagle’s management team to position the company for long-term success, leveraging its deep expertise in investing behind North American transportation and logistics assets to help unlock value creation across operational excellence, automation and digitization, and geographic growth.
The transaction follows EQT’s recent closing of EQT Infrastructure VI at its hard cap of €21.5 billion ($24 billion), exceeding its €20 billion ($22 billion) target.
