Keyera Corp. and CN announced the signing of a Memorandum of Understanding that will leverage their joint expertise to evaluate the creation of a specialized clean energy terminal in Alberta's Industrial Heartland. The new infrastructure would aggregate conventional and clean energy from multiple sources to support transportation of Alberta's diverse energy products and further strengthen the development of Canada's green energy future.

The objective of this collaboration is the creation of the most efficient rail logistics solution in Alberta's Industrial Heartland. The proposed first-class facility would create a safe and efficient solution for industrial players to connect and transport a range of specialized low-cost sustainable energy products to key markets domestically and globally. The high throughput, state of the art facility would be built on adjoining lands belonging to Keyera and CN.

The benefits of this strategic location include an unparalleled opportunity for product aggregation through close proximity to large industrial operators, existing infrastructure to support the terminal and its customers including carbon sequestration, and direct access to the CN rail network. It is envisioned that at the time of its completion, the facility would be capable of handling six inbound and outbound high-capacity trains daily.