Regional Rail, a freight transportation holding company headquartered in Kennett Square, Penn. and backed by 3i Group, has purchased a portfolio of freight rail assets across western Canada from G3 Canada Ltd.
The rail portfolio serves industrial customers across a range of agricultural and energy end markets. In addition to the Great Sandhills Railway, Regional Rail will also acquire interests in three other freight rail assets in western Canada.
“The Great Sandhills Railway and other freight companies are a great addition to Regional Rail,” comments Rob Collins, managing partner and head of North American Infrastructure at 3i. “We are excited to expand into the Canadian market, where we see significant industrial growth opportunities across the railroads.