MLPs as opposed to IPL of stock could they be used as a solid source of capital to build railroads? The problem with building railroads is right of way and even if you you used rail banked right of ways you still have to aqure easements and NIMBYs. Can you imgaine walking into a bank in 2016 and asking for finance to build a railroad today? Pipe lines carry energy and rails carry stuff lots of stuff
MLPs were designed in conjuntion with the energy companies and the IRS to make building pipelines and power transmision lines a more actrative investment. Most of its income must come from the transport of oil,gas and biofuels. I assume that the railroad that 90% of its traffic was crude oil, Grain to ethanols, and biodiesal might quilify-In the United States, a master limited partnership (MLP) is a limited partnership that is publicly traded on an exchange qualifying under Section 7704 of the