VIP Rail

CC&L Infrastructure is partnered with Alpenglow Rail in the ownership and management of VIP Rail, a strategic short-line rail logistics business with two terminals located in Sarnia, Ontario.

VIP Rail provides critical first and last mile rail transportation and storage solutions to blue-chip corporate customers. As a leading provider of such services in the region, VIP Rail is ideally positioned to serve the needs of its growing customer base. In addition, the company has operations strategically located at the intersection of key pipeline and rail interchanges in close proximity to major Quebec, Ontario and U.S. demand centers.

Investment Highlights

Initial Investment DateSeptember 2019

LocationOntario, Canada

SectorTraditional Infrastructure – Rail

StageOperational

Cashflow ProfileDiversified revenue streams across several rail and logistic services
Highly contracted asset, typically under fixed-price service agreements and often with take-or-pay type arrangements

Responsible
InvestmentSafer, more environmentally efficient transport services as compared to conventional trucking
Managed under a best-in-class operating model, which is centered on customer service and safety
Impressive safety track record and winner of CN Safe Handling Award