Eiffel Investment Group and Mirova completed the $45m acquisition of OpenAirlines from Alter Equity.

Eiffel Investment Group, an alternative investor and asset manager, in credit and equity, and Mirova, an asset managerment company offering investment solutions that combine financial performance with environmental and social impact, completed the $45m acquisition of OpenAirlines, a provider of eco-flying software solutions, from Alter Equity, an independent asset management company committed to a responsible and profitable economy. “OpenAirlines is currently the only player on the market offering airlines the actual tools they need to take urgent action, bearing in mind that the industry has net zero emissions targets to meet by 2050 and that the requirement to integrate sustainable aviation fuels will take time to deliver any benefits. The company is already generating an impressive financial and non-financial impact, and we are delighted to support it through this next phase of its development," Celine Andre, Eiffel Director.