On 6 February, Bpifrance announced the seventh investment of Lac1 fund with the acquisition of a stake in Alstom, the world leader in smart and sustainable mobility.
We are delighted that the Lac1 fund is becoming a shareholder of Alstom, the French champion of the global rail market and a key player in the transition to a low-carbon transport system. We are convinced that the Group has clear and significant growth prospects and that it will continue to successfully implement its strategy while asserting its strong commitment to the development of sustainable mobility solutions.
Nicolas Dufourcq, CEO of Bpifrance
As the world leader in sustainable and smart mobility, Alstom develops and distributes mobility solutions forming the sustainable foundations for the future of transport. With more than 74,000 employees in 70 countries and the broadest and most innovative portfolio of products and services in the industry, the Group, specialised in sustainable mobility, provides particularly relevant solutions to its customers worldwide, helping them to address urbanisation, transport decarbonisation and infrastructure development.
This investment is fully in line with the investment thesis of the Lac1 fund, which is to support innovative French global leaders at the heart of today's and tomorrow's environmental challenges and presenting significant value creation potential.
Read the press release on Bpifrance website and know more