The City of Edmonton in Alberta Canada saw an investment in a new light rail system as a way to meet the needs of a diverse, dynamic and growing population by providing sustainable transportation to 100,000 daily commuters, as well as transforming itself into but into a modern, globally competitive city.
The City entered into a public-private partnership arrangement with TransEd partners, a consortium including Bechtel, to provide innovative solutions and deliver an ambitious and transformative infrastructure project.
Bechtel contributed development capital and long-term equity and helped raise financing of the initial 8-mile section of the new urban light rail system. Our contribution helped the project reach financial close in February 2016.
Stage 1 of the Valley Line – the first 8.1-mile phase of the City of Edmonton’s 16.7-mile. Light Rail Transit (LRT) project started in 2016 – will run between Mill Woods and 102 Street, connecting commuters with the Capital Line and Metro Line at Churchill Station.
As lead partner for design and construction working with TransEd partners Bombardier, EllisDon and Fengate Capital Management, Bechtel will design, build, operate and maintain the LRT project, as well as supply the light rail vehicles.
Bechtel also helped secure finance for the line that is central to Edmonton’s plan to handle a 50% expansion by 2040. Other recent and current Bechtel LRT and transport-related projects include the New Jersey Transit River Line, London’s Crossrail and the Riyadh Metro.