KfW IPEX-Bank arranges CAPEX facility for The Go-Ahead Group

KfW IPEX-Bank arranges and provides funding for a new CAPEX facility for the Go-Ahead Group, a leading international public transport company. The arranged facility amounts to GBP 200 million and builds on an existing financing from the year 2023. KfW IPEX-Bank acts as Sole Mandated Lead Arranger and Bookrunner. The new facility was syndicated among six lenders.

Go-Ahead has grown significantly recently, winning contracts to operate the Elizabeth line in London and Stockholm Metro and grown its bus operations both internationally and in the UK. In the UK, Go-Ahead has over 6,000 buses, is the largest bus operator in London and a leader in zero-emission bus operations. These funds will help introduce new vehicles, including zero-emission buses.

"We have ambitious plans to build on our success and continue expanding our business, ultimately reaching even more customers. This facility will support our growth and reinforce our leadership in the transition to zero-emission transport. We extend our gratitude to the KfW IPEX-Bank team and our lending group for their unwavering support. Together, we are paving the way for a greener and more sustainable future," says Gonzalo Velasco, Group Structured Finance Director of The Go-Ahead Group.

“We are very glad that we can provide The Go-Ahead Group with a new financing. It’s always a special pleasure and confirmation for us to support our valued customers” says Andreas Ufer, member of the management Board of KfW IPEX-Bank. “Once again, we are bolstering fleet electrification and are thus contributing to more sustainable mobility in public spaces.”

Go-Ahead employs 27,000 people across its bus and rail operations in the UK, Ireland, the Nordics, Singapore and Australia. The company is the largest operator of electric buses in the UK and is committed to deploying a zero-emission fleet by 2035. Go-Ahead is owned by Kinetic and Globalvia.