News and Exhibitions - Oaktree Capital Management buys Railpool

Caledonian Rolling Stock Cables

CABLE CONSTRUCTION

Conductors:
Tinned fine copper strands according to VDE 0295 / IEC 60228 class 5 are generally used for railway cables. For nominal cross section of over 50mmsq, 0.41mm strand wire may be used instead of 0.51mm as stipulated in IEC 60228. The IEC 60228 class 5 enhances flexibility and the ease of handling, thus lengthening the product life of the cable. These class 5
conductors are extremely flexible, and easy-to-install in the compact rolling stock environment.
Insulation and Outer Sheath:
Crosslinked polyolefine copolymer or EPR will generally be used for insulation whereas electron-beam cross-linked elastomer is employed for sheathing. Cross-linked elastomer compounds offer very good durability that can resist heat, oil, vibration, chemical aggression, etc.

INTERNATIONAL STANDARD

As an OEM, Caledonian rolling stock cables provide our railway customers with future headroom by meeting the following European Norms (EN) and international standards :

EN 50264

EN 50306

EN 50382

NF F 63808

NF F 63826

NF F 63827

BS 6853

DIN 5510-2

NF F 16 101

UIC 895

Oaktree Capital Management buys Railpool

EUROPE: HSH Nordbank and KfW IPEX-Bank sold their shares in rolling stock leasing company Railpool to funds managed by Oaktree Capital Management on May 9. The price was not disclosed. The two banks founded Railpool as an equally-owned joint venture in 2008, and will continue to act as lenders to the company.

‘We plan significant investments in new, innovative vehicles, the expansion of our excellent team as well as the internationalisation of our business’, said Railpool Managing Director Torsten Lehnert. ‘As we continue to offer our customers modern, interoperable locomotives with an attractive full-service package, we are very pleased to welcome Oaktree as an excellent partner, who will support us strategically and financially’.

An order has been placed for five Siemens Vectron locomotives, and negotiations are being held with several manufacturers for at least 50 additional locomotives.

Los Angeles based Oaktree had US$86·2bn in assets under management as of March 31. ‘With the investment in Railpool we are happy to expand our involvement in the transport sector, and help to take advantage of future growth opportunities in the leasing market for rail vehicles, said Hermann T Dambach, Managing Director of Oaktree Germany.