Hydrogen train prototype project secures EU funding
The European Commission’s Fuel Cells and Hydrogen Joint Undertaking (FCH JU) awarded a EUR 10 million grant to the FCH2RAIL […]
Financial
Webuild completes the acquisition of majority stake in Astaldi
Webuild has completed the 65% acquisition of Astaldi creating a new Group with an order backlog of more than EUR […]
Financing agreement signed for Henri Coanda Airport metro connection
Romania’s Ministry of Transport and Metrorex, the Bucharest metro operator, have signed the financing agreement for the city’s airport metro […]
Preferred bidder for Edmonton Valley Line West LRT announced
The city of Edmonton has selected the Marigold Infrastructure Partners as the preferred bidder to design, build and partially finance […]
US DOT provides more flexibility for rail financing
The U.S. Department of Transportation has launched an improved RRIF Express programme (Railroad Rehabilitation and Improvement Financing Express) to expand […]
Contract signed for the revitalisation of Katowice Airport link
PKP Polskie Linie Kolejowe, the Polish railway infrastructure manager signed a PLN 660 million (EUR 144.3 million) contract for the […]
CTA’s 2021 budget needs further federal funding
The Chicago Transit Authority (CTA) has proposed a USD 1.64 billion operating budget for 2021 that highlights the need for […]
Poland approves an ambitious national transport programme
The Polish Government has adopted a resolution on the establishment of the Solidarity Transport Hub Investment Programme submitted by the […]
Knorr-Bremse increases its stake in Rail Vision
Knorr-Bremse is acquiring an additional 19.8% of Israeli start-up Rail Vision for USD 10 million. As a result, the company […]
U.S. funding for intercity rail infrastructure improvements
The U.S. Department of Transport is providing a USD 291 million funding for 11 intercity passenger rail projects in nine […]