Brightline Selects Siemens Mobility for Las Vegas-California Rail Project
By Josh Beckerman
Brightline selected Siemens Mobility as the preferred bidder to build train sets for the Brightline West high-speed rail project.
The contract will include a fleet of ten American Pioneer 220 train sets.
In April, Brightline West had a groundbreaking event for the 218-mile system that will connect Las Vegas and Southern California, with a goal of being open in time for the 2028 Summer Olympics in Los Angeles. Brightline began Florida service in 2018.
Brightline and Siemens said Wednesday that Siemens "will establish a new facility to build the AP220 and will announce the location of America's first true high-speed rail production center when the contract is finalized."
Alstom was also a prominent contender, according to several media reports in 2023 and 2024.
Brightline is backed by Fortress Investment Group.
Meanwhile, Jacobs was also selected for work on Brightline's Nevada segment. Jacobs said it will provide final design of the trackwork and 22 complex structures.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
May 01, 2024 16:28 ET (20:28 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
Never Mind Market Efficiency: Are the Markets Sensible?
-
Starbucks Stock Could Use a Pick-Me-Up After Big Selloff; Is it a Buy?
-
5 Cheap Stocks to Buy From an Attractive Part of the Market
-
Markets Brief: All Eyes On Inflation
-
5 Things We Learned From the Q1 Earnings Season
-
After Earnings, Is Palantir Stock a Buy, a Sell, or Fairly Valued?
-
What’s Happening In the Markets This Week
-
Can the Fed Declare Victory on Inflation?
-
Going Into Earnings, Is Nvidia Stock a Buy, a Sell, or Fairly Valued?
-
After Earnings, Is Arista Stock a Buy, a Sell, or Fairly Valued?
-
A Cheap Dividend Aristocrat to Buy Before It Bounces Back
-
Alibaba Earnings: More Positive Outlook Despite Mixed Results
-
After Earnings and a 56% Rally In 2024, Is Arm Stock a Buy, a Sell, or Fairly Valued?
-
How Morningstar Rates Stocks
-
After Earnings, Is Disney Stock a Buy, a Sell, or Fairly Valued?
-
Home Depot Earnings: Macro Factors Pinch Demand, but Long-Term Outlook Intact