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Regional Rail expands its geographic footprint through acquisition of Pinsly Railroad Company’s Florida operations

3i-backed Regional Rail, a leading owner and operator of short-line freight railroads and rail-related businesses in the Mid-Atlantic U.S., has agreed to acquire Pinsly Railroad Company’s (“Pinsly”) Florida operations with 208 miles of track across three short-line railroads, subject to authorisation from the Surface Transportation Board.

3i AGREES TO INVEST IN REGIONAL RAIL TO SUPPORT GROWTH

3i Group plc (“3i”) today announces an agreement to invest in Regional Rail, LLC (“Regional Rail”), a leading owner and operator of short-line freight railroads and rail-related businesses throughout the Mid-Atlantic U.S.

AL SAUER NAMED PRESIDENT & CEO OF REGIONAL RAIL, LLC

Al Sauer, co-founder of Regional Rail, LLC, was named President and CEO of the company on May 1, 2017. Al previously held the position of Chief Commercial Officer at Regional Rail, LLC, after holding similar positions at RailAmerica and OmniTRAX and beginning his career with Canadian Pacific Railway.