USD 3.25 billion bond for Virgin Trains’ HSR project in California
The California Infrastructure and Economic Development Bank (IBank) has approved the largest bond ever requested to issue tax-exempt fixed rate […]
Financial
Strong orders for Siemens Mobility
During the Q4 FY 2019, Siemens Mobility orders increased by 16%, reaching EUR 12.9 billion, with a 1% increase in […]
EIB provides funding for tram expansion in Graz
The Mayor of Graz, Siegfried Nagl, and EU Vice-President, Andrew McDowell, signed an agreement for the provision of EUR 100 […]
A USD 7 billion strategy for Connecticut transit system
Connecticut Governor, Ned Lamont, has unveiled its USD 21 billion transport strategy for 2030, which will see a USD 7 […]
DB approves EUR 1 billion for train procurement
The Supervisory Board of Deutsche Bahn AG approved the EUR 1 billion investment for the procurement of additional trains, with […]
Federal funding for rail capital projects in the U.S.
The U.S. Federal Railroad Administration will provide a USD 396 million federal funding for rail capital projects across the country. […]
EC approved ERTMS support for freight locomotives in the Netherlands
The European Commission has approved a EUR 22.2 million of public support to upgrade traffic management equipment on freight locomotives […]
Chinese company interested in British Steel acquisition
British Steel has announced that the Official Receiver is in talks with a Chinese bidder interested in purchasing the whole […]
EUR 4.6 billion booked orders at Alstom
In the first half of 2019, Alstom booked EUR 4.6 billion orders, a 35% decrease y-o-y, with a 8% increase […]
Cohesion countries call for a fair EU budget
The representatives of 16 EU member states which form the Friends of Cohesion Group signed a joint declaration to underline […]