Announcement | Mar 16, 2026Honigman Represents Sierra Northern Railway in Connection with Ridgewood Infrastructure’s Acquisition of Sierra Railroad Company

Honigman recently represented Sierra Railroad Company (Sierra), a California-based shortline rail platform, in its acquisition by Ridgewood Infrastructure, a leading U.S. infrastructure investment firm.

The transaction includes Sierra's integrated freight rail, switching, storage, and transloading operations across approximately 130 miles of track in key California industrial and agricultural corridors, as well as its subsidiaries Sierra Northern Railway and Railpower, Inc., the operator of the only FRA-approved hydrogen-powered locomotive in the United States. This strategic acquisition also coincides with Sierra's purchase of Central Valley Ag Transport (CVAT), a specialized agricultural products transload facility supporting customers along Sierra Northern's network.

Financial terms of the transaction were not disclosed.

A Honigman team led by Partners Tracy Larsen, Steven J. Migliore, Spencer W. Layson, and Associates Byron D. Patton and Jonathan T. Winkle advised Sierra on the transaction, with support from the following Partners and Associates: S. Tony Ling and Bishara (Bryan) I. El-Ary (Employee Benefits and Executive Compensation), Kenneth Vermeulen (Real Estate), Thomas J. Appledorn, Andrew J. Boes, and Steven M. Forte (Intellectual Property), Matthew E. Radler (Labor and Employment), V. Sheridan DuPont (Tax), Annie L. Dreisbach (Commercial Transactions), Herbert F. Allen , and Madeline A. Greathouse (Antitrust).