Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) and Alpenglow Rail have raised more than C$280 million ($203 million) through the closing of an inaugural private placement financing. The process attracted interest from a diverse group of North American financial institutions, resulting in the transaction being significantly oversubscribed.
“CC&L Infrastructure is pleased to complete this successful financing, which underscores the strength of our partnership with Alpenglow and the quality of the rail platform we have built together,” said Ryan Lapointe, managing director at CC&L Infrastructure. “Our long-term investment approach provides a strong value proposition within the rail sector, and we look forward to supporting the next phase of growth and value creation across the portfolio.”
The strategic partnership between CC&L Infrastructure and Alpenglow was established in 2019 to develop and operate a diversified portfolio of rail
