Bechtel/Fengate/EllisDon Preferred Bidder For Edmonton LRT

The city of Edmonton, Alberta, has selected Bechtel, Fengate Capital, EllisDon and Bombardier as the preferred proponent for a Cdn $1.8-billion (capital cost) DBFOM LRT line. Financial close on the 13-km Valley Line is expected in early 2016. Although TransEd Partners will operate the line, revenue risk remains with the city, which will make availability payments and payments during construction.


About Bill Reinhardt

Editor of Public Works Financing newsletter
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