The Railpool Group (RAILPOOL) confirmed that Singapore’s sovereign wealth fund (GIC) has acquired a 27% stake in the business from co-owner Palladio Partners. 

RAILPOOL, which operates in 16 European countries, has transitioned to majority ownership by GIC, with its first investment made in 2016. The company has since expanded its services to include passenger wagons and FlixTrain, as well as acquiring LocoItalia. Their full-service leasing model offers a fleet of locomotives that are 100% electric. At present, RAILPOOL possesses over 400 electric locomotives and 148 passenger vehicles.