EQT Infrastructure Fund II to Sell GB Railfreight
09.24.19
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Simpson Thacher is representing EQT Infrastructure II in connection with its disposal of GB Railfreight Limited to Infracapital, the unlisted infrastructure equity arm of M&GPrudential. The transaction is expected to close in October 2019.
GB Railfreight is now the third largest rail freight operator in the UK with a 23% share of the rail cargo market and over 1,000 trainloads a week. It has more than 180 locomotives, 1,500 wagons and 900 employees.
The Simpson Thacher team includes Amy Mahon, Chris Vallance and Frederik Muelke (M&A).