Vauban to acquire Boreal Holding from China Everbright.

Vauban Infrastructure Partners, a private equity firm, agreed to acquire Boreal Holding, a public transportation services provider, from China Everbright, a financial services provider. Financial terms were not disclosed. “Our investment philosophy of focusing on and investing into the people, the most important asset of the business, pays off in that Boreal weathered the COVID-19 pandemic, and strengthened its position as one of the best multi-modal transportation solution providers in Norway. The green transformation Boreal has undertaken demonstrates EOIIF’s determination in integrating ESG into its investment philosophy, an excellent example that responsible investment and investor return can co-exist," Daniel Hu, China Everbright Managing Director.