I Squared Capital, a global infrastructure manager, agreed to acquire Arriva Group, a provider of passenger transport, from Deutsche Bahn, a provider in the mobility and logistics sector,. Financial terms were not disclosed. “Transport accounts for around one-fifth of global CO₂ emissions. Three-quarters of this is from road transport, and a greener public transport sector is critical to the shift to lower-carbon infrastructure. Arriva’s strategy for net-zero operations and the decarbonisation of its fleet aligns with our strategy to develop and scale assets with technologies that accelerate the energy transition, as well as providing cleaner air in cities and towns by investing in green public transport. We are excited to work with Arriva and we will invest to support its future growth as a major European bus and rail operator,” Gautam Bhandari, I Squared Global CIO and Managing Partner.