First Public-Private Partnership Commuter Rail Line in U.S.
Fluor
Corporation (NYSE:FLR) announced today that the University of
Colorado A Line of the Denver Eagle P3 Commuter Rail Project has been
completed and is now open to the general public.
The 23-mile electric commuter rail line between downtown Denver Union
Station and Denver International Airport officially opened on Friday,
April 22, 2016. The University of Colorado A Line contains eight
stations along the route and uses new rail cars that are a
first-of-their kind in Denver with level boarding to better accommodate
travelers with luggage and accessibility needs. The cars reach top
speeds of 79 mph and can carry up to 200 passengers.
“The Eagle P3 project is the nation's first public-private partnership
project for commuter rail, and we want to congratulate the Regional
Transportation District (RTD) and all its partners on completing the
University of Colorado A Line,” said David Seaton, Fluor’s chairman and
chief executive officer. “This project is an outstanding example of how
the private and public sectors can partner to deliver infrastructure
projects on time and within budget,” Seaton said. “This line will
connect communities and provide a vital transportation link for adjacent
employment, neighborhoods and new development. The innovative financing,
design, construction and operations demonstrate the full integrated
solutions that Fluor provides its clients.”
In addition to RTD’s University of Colorado A Line, the Eagle P3 project
also includes the Gold Line between Denver Union Station and
Arvada/Wheat Ridge; an initial segment of the Northwest Rail Line to
South Westminster, called the B Line; and the LEED Gold certificated
Commuter Rail Maintenance Facility (CRMF). Using the
Design-Build-Finance-Operate-Maintain model, or DBFOM, Denver Transit
Partners, a Fluor-led joint venture, will also operate and maintain the
University of Colorado A Line, G Line, B Line and the CRMF for the next
28 years.
“The University of Colorado A Line opening not only marks an exciting
time for the transportation and infrastructure world, but also for the
Denver metro region,” said Aaron Epstein, executive project director of
Denver Transit Partners. “We are thankful to all of the partners who,
over the last six years, helped make this project a reality,” Epstein
said. “We look forward to the ongoing partnership with RTD during the
operations and maintenance phase for the next 28 years.”
The Eagle P3 project is a public-private partnership that was awarded by
Denver’s Regional Transportation District (RTD) to the Fluor-led joint
venture of Denver Transit Partners (DTP). DTP is comprised of a
partnership between Fluor; Denver Rail (Eagle) Holdings, Inc., a unit of
John Laing plc; and Aberdeen Infrastructure Investments (No. 4) USA LLC,
a unit of Aberdeen Global Infrastructure Partners LP. Other team members
include Balfour Beatty Rail, ACI, Ames Construction, Hyundai Rotem and
HDR.
The Eagle P3 project is part of the RTD’s voter-approved FasTracks
program to build 122 miles of commuter rail and light rail, 18 miles of
bus rapid transit service, add 21,000 new parking spaces, redevelop
Denver Union Station and redirect bus service to better connect the
eight-county district. For more information, visit www.rtd-denver.com.
For more information about the University of Colorado A Line project,
visit http://www.rtd-denver.com/a-line-media.shtml.
About Fluor Corporation
Fluor
Corporation (NYSE: FLR) is a global engineering, procurement,
fabrication, construction and maintenance company that designs, builds
and maintains capital-efficient facilities for its clients on six
continents. For more than a century, Fluor has served our clients by
delivering innovative and integrated solutions across the globe. With
headquarters in Irving, Texas, Fluor ranks 136 on the FORTUNE 500
list with revenue of $18.1 billion in 2015 and has 59,000 employees
worldwide. For more information, please visit www.fluor.com
or follow us on Twitter @FluorCorp.
Fluor CorporationMedia RelationsBrian Mershon/Brett Turner469-398-7621/864-281-6976orInvestor RelationsGeoff Telfer/Jason Landkamer469-398-7070/469-398-7222orFluor Corporationmain tel, 469-398-7000