Railpool with a New Majority Shareholder: GIC

Railpool with a New Majority Shareholder: GIC
© Railpool

GIC, one of the three investment entities managing the government reserves of Singapore, has become a majority shareholder of a leading European electric locomotives leasing company, Railpool.

On May 4th 2023, it was confirmed that Railpool, a leading rolling stock leasing company in Europe, has a new majority shareholder. Although the shareholders’ structure has not changed, the 50:50 ratio between GIC and Palladio Partners has changed.

GIC has bought an additional 27% of Railpool’s shares, now owning 77% of the company, with 23% staying with German investment firm Palladio Partners.

Railpool was founded in 2008 by HSH Nordbank and KfW IPEX-Bank. In 2014, the company was taken over by Oaktree Capital Management. Two years later, GIC acquired 49% of the shares, and in 2019, a fund managed by Palladio Partners acquired 25% of Railpool shares.

The fleet of Railpool currently consists of over 440 electric locomotives and 148 passenger cars. With activities in 18 European countries, Railpool is currently receiving a delivery from both major European electric locomotives manufacturer: Siemens Mobility (70 MS Vectron locomotives with an option for 30 more) and Alstom (20 DC and AC TRAXX locomotives with a last-mile module).

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