Fortress Transportation and Infrastructure Investors LLC

McMillan advised Fortress on the auction of the Central Maine and Québec Railway to bidders, and negotiations with Canadian Pacific Railway. The transaction involved complex rail regulatory, tax, environmental and real estate matters, among others.

Fortress Transportation and Infrastructure Investors LLC (FTAI) owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. FTAI currently invests across four market sectors: aviation, energy, intermodal transport and rail. The company is externally managed by an affiliate of Fortress Investment Group LLC, who collectively have acquired over $17 billion in transportation-related assets since 2002. As of September 2020, FTAI had total consolidated assets of $3.4 billion and total equity capital of $1.2 billion.

• Press Release: CP to acquire Central Maine & Quebec Railway from FTAI
• CP to acquire Central Maine & Quebec Railway from FTAI