UPP and Arjun invest in Angel Trains, establish partnership
Investors - MARCH 26, 2024

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UPP and Arjun invest in Angel Trains, establish partnership

by Released

Arjun Infrastructure Partners and University Pension Plan Ontario (UPP) have announced an investment in Angel Trains, as well as the establishment of a partnership to pursue further infrastructure investments in OECD countries.

UPP’s investment includes a meaningful commitment to Arjun’s current Infrastructure Alliance Europe fund along with acquiring an interest in Angel Trains, the United Kingdom’s leading rolling stock company. This initial investment is a testament to the partnership, laying the groundwork for future co-investments.

Angel Trains is the largest rolling stock company in the United Kingdom, serving the passenger rail sector with a diversified fleet of circa 4,400 vehicles, the majority of which are electric multiple units. Angel Trains, as an Investor in People, brings market-leading expertise in asset management, ensuring the fleets deliver to their full potential throughout the whole asset lifecycle.

“Arjun is delighted that UPP have

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