Regional Rail, a leading owner and operator of short-line freight railroads backed by 3i, has acquired a portfolio of freight-rail assets located across Western Canada from G3 Canada Limited. In addition to the Great Sandhills Railway, Regional Rail will acquire interests in three other freight-rail assets Western Canada. The rail portfolio serves a diversified set of industrial customers across a range of agricultural and energy end-markets.
“The Great Sandhills Railway and other freight companies are a great addition to Regional Rail. We are excited to expand into the Canadian market, where we see significant industrial growth opportunities across the railroads. Since our initial investment in 2019, we have believed Regional Rail offers an attractive platform for consolidation and this acquisition further strengthens that conviction,” said Rob Collins, a managing partner and head of North American infrastructure, 3i.
Since partnering in July 2019, 3i and Regional