CHICAGO, Feb. 25, 2016 -- The TransEd Partners Consortium has been chosen to design, build, operate, maintain and finance stage one of Edmonton's Valley Line LRT (Light Rail Transit) for a $1.8 billion comprehensive PPP project. It is currently envisioned that Transdev will provide operational management support for all aspects of operations for the Valley Line LRT including participating in developing the operations plan and all operating procedures, delivering training, and providing day-to-day management on the operational aspects of the system as a subcontractor to the Services Provider, which is composed of Bombardier Transportation, EllisDon and Bechtel.
Phase one of the project involves building 11 street-level stops for a 13.1-kilometer LRT line, which will connect the Mill Woods Town Centre (Southeast of the City) to existing stops in Edmonton's City Center. These new connections will allow for added transit access and usability throughout greater Edmonton. Project construction will begin in 2016 and the service is expected to begin in 2020. The contract award to TransEd Partners includes operations and maintenance of the Valley LRT Line service for 30 years after construction is complete.
The Valley Line will feature street-level stops and low-floor vehicles that will allow for seamless integration into Edmonton's existing transportation infrastructure. Many attractive features of the service were added after an extensive series of public engagements soliciting feedback. In addition to attractive shelters, a new pedestrian bridge will be built at Cloverdale as part of stage 1, providing added transit access for pedestrians and cyclists.
"We are honored to be TransEd's operational partner for this project and are excited to bring new mobility options to the people of Edmonton. We thank the TransEd team for trusting Transdev to deliver this excellent service," said Ken Westbrook, Transdev's President and COO of the North American Rail Division.
About TransEd Partners Consortium
TransEd Partners Consortium includes world leaders in delivering large, complex, public-private partnership (P3) infrastructure projects. A P3 arrangement transfers to the private sector significant risks for budget, schedule or performance delays, as well as ongoing maintenance and operations. The team comprises: Fengate Capital Management, Bechtel, EllisDon, and Bombardier. Other key team members include Transdev, ARUP, and IBI Group.
About Transdev
Based near Chicago, Transdev is the largest private-sector operator of multiple modes of transit in North America, including bus, rail, streetcar, paratransit, shuttle, and sedan and taxi services. Globally, Transdev operates public transportation in 20 countries. Transdev is committed to being the trusted partner of cities, transit authorities and airports through quality execution and innovations in mobility. For more information, go to www.transdevna.com.
CONTACT: Mitun Seguin
240-485-2117


Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Instagram Outage Disrupts Thousands of U.S. Users
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 



