By investing in roadway infrastructure CRR can partner with resource companies to make capital available and improve operational and administrative efficiencies.
Financial benefits
Capture unrecognized value in non-core road assets
Incremental funding source and opportunity to recycle capital
Creative and flexible structuring to accommodate partner objectives:
- acquiring an interest in existing roadway infrastructure
- funding new roadway infrastructure
- potential source of acquisition finance
Operational benefits
Roads management by a roads company
Strategic roads focused sourcing and management: reducing costs while maintaining (improving) quality, safety and regulatory compliance
Responsive and attentive local operators who have continuous engagement with road users at the field level
Administrative Benefits
Alleviate administrative burden and associated cost
New technology optimizing back-office processes, including road use agreement & addenda generation, invoicing, joint venture accounting, and dispute management
Acquisition (Q3 2022)
CRR foundational transaction is the acquisition of the Bigstone Road Complex from a Canadian intermediate liquids-weighted producer
Ongoing work (Q4 2022)
64 km high grade network has more than 50 users governed by Master Road Use Agreements and addendums issued thereunder
Transaction closed (October 2022)
CRR now owns, operates and administers this asset