EQT has agreed to sell a 30% minority stake in Nordic Ferry Infrastructure (NFI) to a consortium consisting of Rederiaktiebolaget Gotland AB, Interogo Infrastructure, and Lægernes Pension, while retaining majority ownership of the business. The deal is intended to broaden NFI’s investor base and support its next phase of development.
Headquartered in Oslo, NFI has been built under EQT’s ownership through a series of acquisitions, including Molslinjen and Torghatten in 2021 and 2022, followed by ForSea in 2023. The company now operates 59 ferry routes with 101 vessels across Denmark, Norway, and Sweden, covering more than 1,400 km and serving over 25 million passengers annually. Its services provide critical transport links for passengers and vehicles, often operating at high frequency in partnership with local transport authorities.
Since its formation, NFI has focused on scaling operations, improving efficiency, and integrating digital systems across its platform. EQT has supported the development of centralized group functions, strengthened management capabilities, and introduced a sustainability-linked capital structure to drive long-term value creation.
The company has also prioritized fleet modernization and decarbonization, including electrification initiatives that contributed to an 11 percent reduction in total CO2 emissions between 2022 and 2024. These efforts position NFI as a key player in lower-emission maritime transport infrastructure across the Nordic region.
With the addition of new investors, NFI plans to accelerate investments in fleet decarbonization and electrification, pursue selective growth opportunities, and continue operational improvements. The expanded investor base is expected to provide additional capital and strategic support as the company advances its position as a leading pan-Nordic ferry infrastructure platform.
The transaction remains subject to customary regulatory approvals and closing conditions.
KEY QUOTES:
“This transaction marks an important milestone for Nordic Ferry Infrastructure. We are pleased to welcome new long-term partners, Gotlandsbolaget brings more than 160 years of experience navigating the Nordic seas, and the broadened investor base is well positioned to support management in the next phase of NFI’s development as a leading ferry infrastructure operator across the Nordics.”
Ulrich Köllensperger, Partner at EQT Infrastructure
“Nordic Ferry Infrastructure is an attractive long-term investment, in line with our strategy to expand in sustainable maritime transportation infrastructure and take a leading role in the development of maritime transportation in the Nordics.”
Björn Nilsson, CEO of Gotlandsbolaget
“With EQT, we have built a stronger and a pan-Nordic company, bringing together operators into one platform with a shared strategy and culture. As we enter this next phase, we look forward to working with our new partners to continue improving our services, investing in our fleet, and advancing the transition to more sustainable transport across the Nordics.”
Carsten Jensen, CEO of Nordic Ferry Infrastructure
