Tuesday, January 18, 2022
69.3 F
Fort Worth

Texas Central signs operating agreement in Madrid

🕐 1 min read

Texas Central signed an agreement Oct. 30 in Madrid with Renfe, one of the most prominent railway operators in Europe and across the globe, to be the Texas high-speed train project’s strategic operating partner.

Renfe operates trains that cover 7,500 miles of track for both passenger and freight routes.

The agreement helps solidify Texas Central’s team, made up of the industry’s leading subject matter experts.

With its decades of expertise, Renfe was a natural fit to join Texas Central’s other partners, Texas Central said in a news release. Having the operator, the design build and technology teams all on board and able to collaborate will ensure all aspects of the railroad are integrated and efficient.

Other partners include Salini Impregilo, along with their U.S.-based subsidiary The Lane Construction Corporation, which will oversee the civil construction consortium that will build the passenger line. San Francisco-based construction giant Bechtel, which has an office in Houston, will serve as the project manager, supporting Texas Central as the project moves from development to implementation.

The 200-mph high-speed train connecting North Texas, the Brazos Valley and Houston will use proven, world-class technology – the Japanese Shinkansen system, Texas Central said.

Trains will make the trip in 90 minutes, linking two of the most dynamic economic centers in the United States. Texas Central’s market-led approach is backed by investors, not government grants, making it an innovative new business model for infrastructure projects.

– FWBP Staff

Related Articles

Our Digital Sponsors

Latest Articles

Get our email updates

Stay up-to-date with the issues, companies and people that matter most to business in the Fort Worth.

  • Restaurants
  • Technology
  • and more!

FWBP Morning Brief

FWBP 5@5

Weekend Newsletter

  • Banking & Finance
  • Culture
  • Real Estate

Not ready to subscribe?

Try a few articles on us.

Enter your email address and we will give you access to three articles a month, to give us a try. You also get an opportunity to receive our newsletter with stories of the day.

This field is for validation purposes and should be left unchanged.