Investment firm KKR and Vienna-based electric locomotive leasing company Green Mobility Partners (GMP) have announced plans to establish a European rail leasing platform for sustainable infrastructure in Europe.  

GMP, which began operations in 2024 under the leadership of founder Christoph Katzensteiner, currently leases Siemens Vectron electric locomotives to operators across Continental Europe.  

The company intends to increase its locomotive fleet through both organic expansion and the acquisition of additional assets. 

As part of the arrangement, KKR will obtain a majority stake in GMP.  

Through this investment, KKR will provide capital and guidance to GMP, with the goal of building a scalable platform that can pursue new opportunities within the European rail sector. 

This includes exploring potential mergers and acquisitions as part of future development. 

KKR European Infrastructure co-head Vincent Policard commented: “KKR has a strong track record of supporting projects tackling decarbonisation in some of the most challenging industries.  

“GMP combines a resilient, contract-backed business model with powerful secular tailwinds in both locomotive and passenger rail leasing. By providing flexible capital solutions and leveraging our global infrastructure expertise, we can support GMP’s growth and contribute to Europe’s sustainable transport infrastructure.” 

KKR’s investment will be delivered through its managed investment vehicles and is subject to standard regulatory approvals. 

Green Mobility Partners CEO and founder Christoph Katzensteiner commented: “I am delighted to partner with KKR to help address these needs and build a leading European rail leasing platform.  

“With KKR’s support and our established relationships with both operators and manufacturers, GMP is ideally positioned to provide the flexible, sustainable infrastructure solutions that Europe’s rail sector urgently needs as it transitions to a low-carbon future.”