M&G has announced it has invested €35 million ($41.1 million) in Akiem, as part of a wider €125 million ($146.7 million) 20-year senior secured green private placement. The financing supports the modernization and expansion of Europe’s rail fleet, accelerating the shift from road to rail and strengthening more resilient cross border transport, while reducing carbon emissions, air pollution and congestion across Europe.
Founded in 2008, Akiem is a European leader in the leasing and maintenance of locomotives and passenger trains. The company now operates in 22 countries, serves more than 110 clients and is majority owned by CDPQ (Caisse de dépôt et placement du Québec), a global infrastructure investor. This investment supports Akiem’s plans to invest in its rail fleet and reinforces its commitment to sustainable transport, with all of the company’s debt now green labelled.
Funded primarily by M&G Life’s long term annuity capital, alongside third
