Copying and distributing are prohibited without permission of the publisher
Denver's Eagle P3 project breaks ground
03 September 2010
Read more:
[denver]
[transit]
[light rail]
[macquarie]
[fluor]
[rtd]
[colorado]
[uberior]
The Denver Transit Partners consortium broke ground on the Denver east corridor gold line transit project on 26 August. The project's financing involves the first use of a PPP structure for a US transit project and the first use of a private activity bond
The Regional Transportation District (RTD), the transit authority for the Denver metropolitan area, awarded Fluor and Macquarie-led DTP the $1.64 billion, 30-year Eagle P3 concession on 15 June. The consortium beat HSBC, Veolia and Siemens Financial Services’ Mountain-Air Transit Partners (MTP). Barclays Capital and Bank of America Merrill Lynch (BoA Merrill), who underwrote $397.8 million in private activity bonds, closed them on 4 August, little more than six weeks after the concession was awarded.
The Eagle P3 project includes the 36.7km East corridor, 11.7km gold line, 8.4km northwest electrified rail segment (NWES) and a new maintenance facility, is part of the agency’s 225km FasTracks...
You must be logged in to view this page. If you are already a subscriber, or have an active trial, simply log in below.
If you’re not a registered user, you can get access to the website by taking a free trial. You can register for a trial online or by contacting our sales team – simply email benchbase@projectfinancemagazine.com or call +44 (0) 20 7779 8284.
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Subscribe
Free trial
Taking a free trial will give you access to the latest news and analysis, as
well as the online deals database, BenchBase. Start your free trial today.
Free Trial