Ridgewood Infrastructure acquires controlling interest in Sierra Railroad Company

Sierra Railroad Company's operating subsidiaries include Sierra Northern Railway and Railpower, Inc. Sierra Northern Railway operates across approximately 130 miles of track in California. Sierra Northern's network has Class I interchanges with Union Pacific Railroad and BNSF Railway. Railpower, Inc. owns and operates the only Federal Railroad Administration ("FRA")–approved hydrogen-powered locomotive in the United States. Simultaneously with Ridgewood's investment, Sierra Railroad Company is acquiring Central Valley Ag Transport ("CVAT"), an agricultural products transload facility owner and operator. Mike Hart, Founder of Sierra Railroad Corporation, remains a significant investor alongside Ridgewood. Ridgewood Infrastructure invests in essential infrastructure businesses across the transportation, energy, utilities, and industrial sectors. Sierra Railroad Company provides freight rail, switching, storage, and transloading services to a diversified customer base across key essential industrial, agricultural, and energy supply chains. Central Valley Ag Transport provides specialized transloading services along Sierra Northern's network, enabling efficient movement of feed and agricultural products.