Railpen completed the acquisition of a 50% stake in AGR Power.

Railpen, a pension fund manager, completed the acquisition of a 50% stake in AGR Power, a renewable electricity generation company. Financial terms were not disclosed. “I’m incredibly pleased to announce our partnership with Railpen in what is a landmark move for AGR. Railpen’s investment and reputation will help propel AGR into new territories and technologies, including our 1GW pipeline in Italy, and see us expanding our presence in Germany and into further agricultural assets. I’m very pleased to be working with Lewis and Cristiana who bring with them a wealth of experience. This will be a transformative chapter for AGR and our mission," Oliver Breidt, AGR Co-Founder.