TPG and Foresight Group have acquired Kinetic, a leading zero-emission transport operator, to enhance their sustainable transport initiatives and drive decarbonisation efforts globally.

Target Information

Kinetic is a leading zero-emission transport operator with a significant presence in Australia, New Zealand, the United Kingdom, Ireland, the Nordics, and Asia. The company operates over 12,000 buses and 400 trains globally, including a notable fleet of more than 1,500 electric buses, making it one of the largest operators of zero-emission vehicles in the world. Additionally, Kinetic holds a 51% stake in the London-listed Go-Ahead Group, further solidifying its influence in the transport sector.

The acquisition by TPG and Foresight Group represents a strategic move to enhance Kinetic's efforts towards decarbonisation and to expand its leadership in sustainable transportation solutions. This partnership aligns with Kinetic’s mission of promoting environmentally friendly public transport, catering to the growing demand for sustainable mobility options.

Industry Overview

The transport and infrastructure sector is undergoing significant transformation, driven by increased demand for sustainable solutions and the urgent need for decarbonisation. In recent years, the push for zero-emission vehicles has gained momentum, particularly in develop