Infracapital and Rock Rail’s partnership, which targets Germany’s rolling stock market, has invested in Mittelthüringer Akku-Netz’s (MAN) battery-electric fleet.

Infracapital, the infrastructure equity investment arm of M&G, said the partnership is funding a new fleet of battery-electric multiple units (BEMU) for MAN’s network in Thuringia.

The MAN project involves the procurement and financing of 19 Stadler FLIRT Akku BEMUs that will replace the end-of-life diesel trains on key regional routes in central Germany.

The transaction is the second follow-on investment for Infracapital’s Marble platform following an investment for the Leipzig Central German S-Bahn Network.

The Marble platform operates under the Infracapital Greenfield Partners II fund, dedicated to building, operating and delivering essential greenfield infrastructure across Europe.

Tom Crawley, managing director at Infracapital, said: “We are pleased to have completed this further investment into Germany’s rolling stock market alongside Rock Rail. This partnership builds on the strong progress made so far, providing the Marble platform with scale, and we are proud to be supporting DB Regio AG in the shift towards decarbonisation and the development of more sustainable transport in Germany.

“We look forward to continuing to develop the Marble platform in the coming years and providing access to attractive investments with strong environmental credentials for our investors.”

Infracapital entered Germany’s rolling stock market in December 2023 through the new partnership with Rock Rail.

To read the latest IPE Real Assets magazine click here.