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Tag: investment program

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CN to Invest $110 Million in Wisconsin to Build Capacity and Power Sustainable Growth

HOMEWOOD, Ill., July 02, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately US$110 million in Wisconsin, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. This includes investments in infrastructure, technology and capacity, as well as network improvements. These projects will help ensure the safe movement of goods and support long-term sustainable growth in Chicago and across CN’s network.

CN to Invest $50 Million in Louisiana to Build Capacity and Power Sustainable Growth

HOMEWOOD, Ill., June 30, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately US$50 million in Louisiana, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. This includes projects to build capacity in New Orleans area and upgrades to improve operations at CN’s Geismar railyard. These projects will help ensure the safe movement of goods and support long-term sustainable growth in Louisiana and across CN’s network.

S&P Global Ratings affirms Landsvirkjun’s A- credit rating and upgrades its stand-alone credit profile

S&P Global Ratings has affirmed Landsvirkjun’s credit rating at A- with a stable outlook. Alongside the affirmation, S&P has upgraded the Company’s stand-alone credit profile (SACP) from bb+ to bbb-. The upgrade follows a reassessment of Landsvirkjun’s business risk profile, now considered satisfactory rather than fair, reflecting the Company’s efficient and diversified generation fleet, strong market position, and long-term contract structure. 

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