Integrated Rail and Resources Acquisition Corp.

General Information

We intend to focus our search in North America on railroad companies that transport bulk commodities, terminal companies that transload bulk commodities to and from railroads and pipelines, trucks, and ports, the companies that produce bulk commodities moved by railroads in large volumes, and the rail cars that are used to transport bulk commodities. Bulk commodities include grains and vegetable oils, mineral and metallic ores and concentrates, energy fuels, biofuels, cement and aggregates, and other goods and commodities essential to modern economies. This vertical integration enables synergies and economies of scale and leverages the inherent energy efficiency and low carbon emissions of freight trains, and the rapidly growing demand for bulk commodities necessary to transform industrialized economies into energy efficient and green economies, and to transform emerging economies into industrialized economies.

Our experienced management team is sourced from two companies focused in the infrastructure sector, Rio Grande Pacific Corporation and DHIP Group. Rio Grande Pacific Corp., co-founded by Chairman Richard D. Bertel in 1986, is an integrated railroad and railroad-services provider operating more than 1,000 miles of short-line and regional railroads in six states. DHIP Group (“DHIP”), formerly known as Drexel Hamilton Infrastructure Partners LP, has developed, financed and invested in several major infrastructure projects since its creation in 2017. DHIP is an independent infrastructure fund manager that combines deep bulk commodity and transportation industry expertise with industrial best practices operational management. DHIP is the developer of the $2.5 billion Plaquemines Liquids Terminal and Pelican Pipeline projects in Louisiana and the $2.4 billion Uinta Basin Railway and Uinta Basin Terminal projects in Utah.

(Note: Integrated Rail and Resources Acquisition Corp. priced its SPAC IPO on Nov. 11, 2021, in line with the terms in its prospectus: 20 million  units at  $10 each to raise $200 million.)

Employees: 0
Founded: 2021
Contact Information
Address 6100 Southwest Boulevard, Suite 320 Fort Worth, Texas 76109
Phone Number (817) 737-5885
Web Address
View Prospectus: Integrated Rail and Resources Acquisition Corp.
Financial Information
Market Cap $250.0mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol IRRX.U
Exchange NYSE
Shares (millions): 20.0
Price range $10.00 - $10.00
Est. $ Volume $200.0 mil
Manager / Joint Managers Stifel
CO-Managers -
Expected To Trade: 11/12/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change