Rendering of XpressWest's proposed high-speed electric train.Photo – Brightline
XpressWest last month took steps to secure private debt funding for its $4.8 billion plan to build a 170-mile high-speed, electric rail line from Southern California to Las Vegas, the Los Angeles Times reported.
Owned by Florida-based Brightline, XpressWest officials told the LA Times the company has taken steps to secure private debt funding under bond programs operated by California, Nevada and the federal government.
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