ADIA and GIP to acquire a 72.55% stake in VTG from MSIP and Joachim Herz Stiftung for $5.4bn.

Abu Dhabi Investment Authority, an investment institution, and Global Infrastructure Partners, an infrastructure investment fund, agreed to acquire a 72.55% stake in VTG, a rail logistics and freight wagon hire company, from Morgan Stanley Infrastructure Partners, a provider of investment advisory services, and Joachim Herz Stiftung, a non-profit foundation, for $5.4bn. OMERS will retain the indirect shares of 27.5%. “The growth of Europe’s rail freight market is backed by a modal shift to rail as a key enabler of the decarbonisation of supply chains. This investment in VTG aligns with our continued focus on pursuing infrastructure opportunities backed by strong energy transition-related tailwinds. For this transaction we have worked hand-in-hand with GIP, a long-standing partner, to invest in a market leading business with an established track record," Khadem AlRemeithi, ADIA Executive Director of the Infrastructure Department.