DigitalBridge, Aberdeen complete ZEmobility-VGMobility combination to build 5,400-bus LATAM platform
DBRG•Management outlook
Management expects the combination to strengthen the capital structure and support further deployment across existing and new Latin American markets.
Fleet and contract details
ZEmobility contributes 2,800 vehicles; VGMobility adds 2,600 vehicles across the same markets.
The business includes 16 concessions, leasing buses to transport authorities in Bogotá and Santiago under long-term, government-backed availability-based contracts.
Combination completed in Colombia and Chile
DigitalBridge, with Aberdeen Investments, completed the combination of electric bus platforms ZEmobility and VGMobility in Colombia and Chile.
The merged platform will operate under the ZEmobility brand, creating a fleet of more than 5,400 buses across Latin America.
