Infrastructure investor Infranity has taken part in the financing of Italo, a private Italian high-speed rail operator owned by BlackRock’s Global Infrastructure Partners, Allianz Global Investors and Mediterranean Shipping Company.
Intesa Sanpaolo, through its IMI Corporate & Investment Banking division, also supported Italo in the refinancing transaction.
Specific financial details have not been disclosed.
Italo operates a fully electric fleet of 51 trains across Italy’s key rail corridors, linking major cities such as Rome, Milan, Naples and Venice.
The financing package is designed to provide long-term financial stability and flexibility to fund future expansion. This includes supporting growth plans in the domestic market, starting with the acquisition of 12 new Alstom Avelia high-speed passenger trains already on order.
Marie Dowlatyari, investment director at Infranity, said: “We are pleased to support Italo, a leading high-speed rail operator delivering high-quality and low-carbon transport solutions across Italy.
“This transaction reinforces our commitment to investing in essential infrastructure assets that combine strong fundamentals with a clear contribution to the energy transition.”
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