Today, Meridiam announced that the Purple Line light rail transit project has successfully reached financial close. This operation secures funding for the remainder of construction and for future operations and maintenance. Full-scale construction of the light rail, which represents total investments of more than USD 2.5 billion, will now resume […]
Purple Line Light Rail
The U.S. Department of Transportation announced Thursday that it would provide up to $1.76 billion in low-interest loans for the Purple Line Light Rail Transit Project in Maryland. The loan is part of the Build America Bureau program and will be awarded to the Purple Line Transit Partners to finance […]