Sector |
Transportation |
Sub-Sector |
Trains |
Purchase year |
2021 |
Holdings rate |
10% |
Investment value in the portfolio |
533 million NIS |
IRR from time the fund was established |
8.4% |
Partners |
Dalmore Capital, AIMCo, Allianz Capital Partners and EDF Invest |
Leased trains
Of the train fleet is electric
Globally by GRESB in the field of ESG and Sustainability in the railway industry
Market share in Britain
Porterbrook was established in 1994 as part of the realization of a shift to privatize the railway industry in Great Britain. It engages in the purchase, financing, leasing and management of train fleets for the operation of passenger and freight train lines throughout the British Isle. Porterbrook’s activity is aimed to bridge the gap between the economic life of the train fleets, which lasts 35-40 years, and the duration of the concessions held by the railway network operators, by being a financing entity for the procurement of trains for the operators.
Among the three leading players in the industry, Porterbrook is the second largest company, with a market share of approximately 23%. Thanks to its size, Porterbrook benefits from the size benefit as well as from competitive advantages. Among other things, in terms of procurement strategy, customer relations, asset management, level of service, maintenance and financing. The utilization rates of its train fleet are at a very high level over time, thanks to an advanced train fleet, diversification between various technologies, geographic distribution and activity with a large number of operators of different train lines in Great Britain. In addition, over the years, Porterbrook has acquired unique and significant knowledge and experience on the maintenance, asset management and making adjustments to its train fleets.
More on Porterbrook Website