Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) and its partner Alpenglow Rail have acquired Orange Rail Inc., a recently constructed rail terminal located in Orange, Texas.
Orange Rail provides critical first- and last-mile rail transportation and storage solutions to a diverse base of large-scale, blue-chip customers similar to those served by existing terminal locations. The recently built project benefits from proximity to highly attractive industrial markets and class 1 railroad access to both the Union Pacific and BNSF railroads. The facilities include a double-loop track capable of handling 120 car unit trains, along with approximately 600 railcar storage spots.
The transaction further expands CC&L Infrastructure and Alpenglow’s North American rail business, which now encompasses five rail assets in Canada and the United States.
“Our rail operations have demonstrated their criticality and resilience over the past two years, and w