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Infranity to acquire a majority stake in Scandinavian locomotives lessor Nordic Re-Finance
Transactions - JANUARY 16, 2025

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Infranity to acquire a majority stake in Scandinavian locomotives lessor Nordic Re-Finance

by Kali Persall

Infranity, an infrastructure investment specialist, has agreed to acquire a majority stake in Nordic Re-Finance AB (NRF).

NRF’s mission is to enable and support the development of rail freight transportation in the context of growing international and national trade volumes and the need to shift to more efficient and less carbon-intensive modes of transportation. In this respect, the company has committed to extending the useful life of high-quality machines and equipment, while also helping its customers transition toward more environmentally friendly fleets.

During the past 15 years, NRF has assembled the largest fleet of highly reliable, price competitive mid-life locomotives in the Nordics, with a substantial presence in Switzerland. Its leasing portfolio includes an increasing proportion of electric locomotives.

Infranity is partnering with NRF’s founder-led management to support its development plans, including expansion into new geographies, providing

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