RIVE Private Investment, an independent European investment firm specialized in transportation assets and energy transition, announced the acquisition of a portfolio of four helicopters from Milestone Aviation Group.
This transaction, signed on Nov. 6, 2025, illustrates RIVE’s strategy to support critical assets in service of the energy transition.
The portfolio comprises three Leonardo AW139 and one Leonardo AW169, of which three are supporting the offshore wind industry in the North Sea from the United Kingdom and Germany.
The four helicopters were acquired with their existing lease contracts attached, including HeliService and Uni Fly, both pioneers in hoist-equipped helicopter services for offshore wind.
This acquisition illustrates RIVE’s strategy of creating lasting business relationships with major global lessors. As a financial investor, RIVE supports portfolio management for players like Milestone without competing with them operationally, unlike other buyers in the sector.
This win-win relationship paves the way for future collaborations, enabling RIVE to continue developing its portfolio of critical assets.
To finance this acquisition, RIVE structured the senior financing with Investec, a South African bank with which RIVE had already collaborated on a previous transaction.
Camille Brunel, Partner, Transportation Assets, at RIVE Private Investment, said: “This acquisition fully aligns with our long-term strategy of financing and supporting missions critical to the energy transition. Offshore wind in the North Sea is a growth sector where we are strengthening our presence: We are already active there with other helicopters and four service vessels. AW139 and AW169 are among the most in-demand assets in the market for these critical missions.”
Mark England, head of leasing operations at Milestone, said: “We are pleased to complete this transaction with RIVE Private Investment, a trusted partner with a clear, long term commitment to the critical assets space. These helicopters will continue to support essential energy operations. This transaction reflects our ongoing focus on active portfolio management while strengthening relationships with experienced financial investors.”
This press release was prepared and distributed by RIVE Private Investment.
