Facilitating the continued growth of a global multi-modal transport operator

The transport sector is a significant contributor to global emissions; however public transport helps to reduce emissions by decreasing the use of private vehicles.

The transition to zero-emission buses (ZEBs) further enhances these benefits, with each diesel bus replaced by a ZEB reducing emissions by around 79 tonnes annually.¹ With over half of the world’s population living in urban settings,² high-quality public transport will play an essential role in supporting sustainable economic growth, reducing environmental impacts and enhancing social inclusion.³

Kinetic, owned by OPTrust and funds managed by Foresight Group, is a multi-modal transport operator with more than 300 contracts globally and is the largest bus operator in Australasia. Kinetic manages a fleet of more than 12,000 buses and 400 trains, supported by approximately 36,000 employees and around 200 depots.

Kinetic is also market leader in ZEB transport, operating more than 1,500 ZEBs across 33 depots, making it the largest operator in Australasia and the UK.

In 2024, Macquarie Capital advised Kinetic on the optimisation of its debt facilities across its Australian and New Zealand operations. The ~$A1.6 billion infrastructure style refinancing underscored the market’s appetite for core plus transport infrastructure platforms. Macquarie Capital also advised the UK entity, Go-Ahead Group, on its ~£1.7bn refinance.