Decision 52494
Served (printed as 3/12/2025) · Decision · Entire Board
ALLOWED MACQUARIE INFRASTRUCTURE PARTNERS V GP, LLC, FOR THE BENEFIT OF THE MACQUARIE INFRASTRUCTURE PARTNERS V FUND VEHICLE; MIP V RAIL, LLC; PINSLY HOLDCO, LLC; AND PINSLY RAILROAD COMPANY, LLC, ALL NON-CARRIERS, TO CONTINUE IN CONTROL OF NORTH FLORIDA INDUSTRIAL RAILROAD, LLC, WHEN IT BECOMES A CLASS III RAIL CARRIER IN A RELATED TRANSACTION INVOLVING ITS LEASE AND OPERATION OF A RAIL LINE IN COLUMBIA COUNTY, FLA. THIS DECISION ALSO SETS THE EFFECTIVE DATE FOR THE EXEMPTION IN THAT RELATED TRANSACTION.
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