EQT is selling a 30% stake in Nordic Ferry Infrastructure (NFI) to a consortium comprising Rederiaktiebolaget Gotland (Gotlandsbolaget), Interogo Infrastructure and Lægernes Pension, the Danish pension fund for doctors, for €510m.

Gotlandsbolaget is the largest shareholder in the consortium’s NP HoldCo, maintaining a 54% stake.  

EQT said it will retain majority ownership of the platform through its EQT Infrastructure V fund following the completion of the transaction.

Headquartered in Oslo, Norway, NFI was established under EQT’s ownership following the acquisition and merger of Molslinjen and Torghatten in 2021-22, and the later addition of ForSea in 2023. NFI currently operates 101 vessels across a 59-route network in Denmark, Norway and Sweden, spanning over 1,400km and serving more than 25m passengers annually.

EQT said that the expanded investor base is intended to support NFI’s next phase of development. Key initiatives include ongoing investment in fleet decarbonisation and electrification, selective growth in both existing and new markets, and the implementation of further operational improvements across the platform, the investment firm added.

Ulrich Köllensperger, partner at EQT Infrastructure, said: “This transaction marks an important milestone for Nordic Ferry Infrastructure. We are pleased to welcome new long-term partners -  Gotlandsbolaget brings more than 160 years of experience navigating the Nordic seas, and the broadened investor base is well positioned to support management in the next phase of NFI’s development as a leading ferry infrastructure operator across the Nordics.”

Björn Nilsson, CEO of Rederiaktiebolaget Gotland, said: “Nordic Ferry Infrastructure is an attractive long-term investment, in line with our strategy to expand in sustainable maritime transportation infrastructure and take a leading role in the development of maritime transportation in the Nordics.”

Carsten Jensen, CEO of Nordic Ferry Infrastructure, said: “With EQT, we have built a stronger and a pan-Nordic company, bringing together operators into one platform with a shared strategy and culture.

“As we enter this next phase, we look forward to working with our new partners to continue improving our services, investing in our fleet, and advancing the transition to more sustainable transport across the Nordics.”

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