Air transport provider Eliance receives a €190 million investment from Infranity
Infranity, a Paris-based asset manager, has made a significant commitment to Eliance, a Spanish emergency air transport services provider. The investment, amounting to €190 million, is set to bolster Eliance's operations in Spain and Italy, where it primarily manages public contracts in emergency medical services, search and rescue, and firefighting.
This investment aligns with Infranity's mandate for essential and sustainable infrastructure. Swiss Life Asset Managers, meanwhile, have forecasted the European market for emergency medical services to grow between 3.1% to 4.5% annually.
On a global scale, the air ambulance market is projected to grow by $6.77 billion (€5.77 billion) between 2023 and 2028, according to Technavio. However, the exact compound annual growth rate (CAGR) for this period is not directly available in the provided search results. It may be necessary to consult Technavio's market research reports directly for more specific data on the air ambulance market's growth rate.
Eliance's operations are being evaluated for ESG excellence, demonstrating their commitment to providing critical lifesaving operations while ensuring responsible and sustainable business practices. The company operates a fleet of over 100 helicopters and fixed-wing aircraft.
It's worth noting that this cash injection to Eliance comes two months after Swiss Life Asset Managers bought a controlling stake in the company. Recently, Infranity also invested €200 million in Blue Elephant Energy, a German renewable energy company.
This strategic investment in Eliance underscores Infranity's commitment to supporting essential services and sustainable infrastructure projects, both in Europe and beyond.
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