Post by M&G

Today we’re pleased to announce that we have invested €35 million in Akiem as part of a wider €125 million green private placement, supporting the modernisation and expansion of Europe’s rail fleet.   This investment is a clear example of pension investing in action, delivered thanks to our unique business model. Funded primarily by Life’s long‑term annuity capital, alongside third‑party client capital, and actively managed by our M&G Investments team, it shows how pension savings can be put to work in the real economy to support essential infrastructure while aiming to deliver secure, long‑term returns.   The financing will help accelerate the shift from road to rail, strengthening cross‑border transport while seeking to reduce carbon emissions, air pollution and congestion. Akiem is a European leader in the leasing and maintenance of locomotives and passenger trains, operating in 22 countries and serving more than 110 clients, with a strong commitment to sustainable transport.   This investment is managed by our Project & Infrastructure Finance team within the Private Markets division, working closely with our Infrastructure Debt specialists. Together, these teams bring deep expertise in structuring and managing long‑term investments that align pension capital with high‑quality, sustainable assets.   Read more: https://lnkd.in/eVCTBEwa Jérôme Dardaine, CFA | Chris Nishan