DENVER – Alpenglow Rail, a Denver-based firm specializing in investment, operating, and growing rail businesses, in partnership with Connor, Clark & Lunn Infrastructure, will acquire Orange Rail Inc. from LJA Investments, Inc. Orange Rail is a newly constructed rail terminal in Orange, Texas, with access to Union Pacific and BNSF Railway. Orange Rail consists of a loop track capable of handling 120-car unit trains along with approximately 600 railcar storage spots. Phase 1 construction of Orange Rail was completed by LJA in summer 2021.
Orange Rail sits on 130 acres of land. The Orange Rail acquisition is part of the ongoing expansion of CC&L Infrastructure and Alpenglow’s partnership, which was formed in 2019 to develop and operate a portfolio of rail businesses across North America. It will join one of Alpenglow’s Gulf Coast portfolio companies, USA Rail Terminals, which has established rail terminals in Port Arthur, Texas, and Baton Rouge, La.
Alpenglow and CC&L Infrastructure also own and operate VIP Rail, a rail business that comprises two railcar storage, switching, transloading, and railcar cleaning terminals in Sarnia, Ontario, served by Canadian National and CSX.
“We are very excited to add Orange Rail to our USA Rail portfolio,” says CEO of Alpenglow, Rich Montgomery. “At USA Rail, we serve many of the same customers that will benefit from the acquisition of Orange Rail. In the near future, it will be able to handle unit trains, store more than 1,200 railcars, provide truck-to-rail or rail-to-truck transloading services, and offer railcar cleaning and repair to our customers.”
