Regional Rail expands into Canada
3i-backed Regional Rail, an owner and operator of US short-line freight railroads, has acquired a portfolio of freight rail assets located in western Canada from G3 Canada.
In addition to the Great Sandhills Railway, Regional Rail will acquire interests in three other freight rail assets in western Canada. The rail portfolio serves a diversified set of industrial customers across a range of agricultural and energy end-markets.
Since partnering in July 2019, 3i and Regional Rail have more than doubled the size of Regional Rail with the acquisitions of ten freight railroads in North America. The company provides freight transportation, car storage, and transloading services across in USA, in addition to freight rail services in western Canada.(ben)