financeSkift··1 min·For: Owner, Investor, Revenue
Certares Bets $2.3B on European High-Speed Rail
Private equity firm Certares has invested approximately $2.3 billion into European and UK passenger rail, anticipating that government policies will increasingly restrict short-haul flights. The investment strategy targets challenger rail services competing with national operators across Europe.
Key Takeaways
- 1Certares has deployed roughly $2.3 billion into European and UK rail systems.
- 2Investment thesis relies on European regulations shifting travelers from planes to trains.
- 3Certares is backing a challenger railway to France's SNCF alongside Ferrovie dello Stato.
Source: Skift
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