A massive new $240-million rail terminal is in the works just outside Edmonton
A large new rail terminal is in the works northeast of Edmonton, with Keyera Corp., AltaGas Ltd., and CN recently revealing plans to advance the Alberta Corridor Export (ACE) Rail Terminal Project.
The project is described as a “strategic Canadian energy infrastructure investment designed to strengthen Canada’s energy supply chain,” with the partnership combining Keyera’s ACE Rail Terminal with CN’s rail network and AltaGas’ West Coast export platform.
ACE will be owned and constructed by Keyera on Keyera-owned lands within Alberta’s Industrial Heartland and will be supported by long-term commercial arrangements with AltaGas and CN. With unit train loading capabilities, the ACE Rail Terminal is designed to provide the most efficient and scalable rail solution connecting the Fort Saskatchewan region to West Coast export markets through CN’s network and AltaGas’ growing global export platform.
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An initial investment of approximately $240 million will be supplied by Keyera, including approximately $100 million incremental to Keyera’s previously disclosed 2026 growth capital guidance.
CN Rail
Upon start-up, the ACE Rail Terminal is expected to provide transportation capacity of approximately 45,000 barrels per day of propane and butane from the Fort Saskatchewan region to West Coast export facilities. The infrastructure is highly scalable and will be able to support the transportation of additional energy products from the region as market opportunities evolve.
“This project reflects our continued focus on strengthening and extending Keyera’s integrated value chain while providing customers with an efficient solution to diversify market access and benefit from growing global LPG demand,” said Dean Setoguchi, president and chief executive officer of Keyera, in a news release.
“We are thrilled to partner with two other industry-leading Canadian companies on infrastructure that will create jobs and support the continued growth and competitiveness of the Canadian energy industry.”
Construction activities are underway, including land clearing activities, with an expected in-service date of mid-2028, aligned with the completion of Keyera’s KFS Fractionation III project.