Texas highway loan stars revealed

A loan of US$415million from the US government’s Transportation Infrastructure Finance and Innovation Act programme will help meet the cost of building toll lanes and rebuilding existing lanes at the Interstate 35 highway (I-35W) near Fort Worth, Texas. The works are part of the $2.5billion North Tarrant Express project, which is currently under construction in the northeastern part of Tarrant County, Texas. A consortium of companies led by Spanish toll road developer Cintra, NTE Mobility Partners is behi
May 3, 2012 Read time: 1 min
A loan of US$415million from the US government’s Transportation Infrastructure Finance and Innovation Act programme will help meet the cost of building toll lanes and rebuilding existing lanes at the Interstate 35 highway (I-35W) near Fort Worth, Texas.

The works are part of the $2.5billion North Tarrant Express project, which is currently under construction in the northeastern part of Tarrant County, Texas. A consortium of companies led by Spanish toll road developer 5428 Cintra, NTE Mobility Partners is behind the development of the North Tarrant Express. The 5427 Texas Transportation Commission will fund an additional $150million of the I-35W expansion.

For more information on companies in this article

Related Content

  • EIB agrees funding for new East Anglia trains
    October 6, 2016
    The European Investment Bank (EIB) has agreed to provide US$76 million (£60 million) for the purchase of new trains that will improve passenger services in East Anglia on key London, intercity, airport and local services in the UK. The 378 new train carriages will be used by franchise operator Abellio and replace outdated existing electric and diesel trains currently used on the routes. The EIB loan is guaranteed by the European Fund for Strategic Investments (EFSI) under the Investment Plan for Europe, and
    Read More
  • Kapsch TrafficCom to provide toll system for US express lanes project
    January 10, 2017
    Kapsch TrafficCom has been awarded a contract by I-77 Mobility Partners to provide the toll system and system integration for the Interstate 77 Express Lanes project in Charlotte, North Carolina. The contract includes the design, installation and ongoing maintenance of the project’s field-level systems and is one of the first toll facility construction projects in Charlotte, intended to use modern managed lanes to relieve traffic congestion and provide reliable travel times, while also offering drivers a
    Read More
  • EU hopes for private investment in planned €1.77 trillion infrastructure spending
    March 28, 2012
    Securing sufficient funding to complete truly European infrastructure projects is the major challenge lying ahead of EP's three co-rapporteurs on the Commission's proposal of a new funding instrument for Trans European transport, energy and ICT networks. The first joint meeting of TRAN and ITRE members to discuss the Connecting Europe Facility (CEF) took place on yesterday. TRAN-members Dominique Riquet (France) and Inés Ayala-Sender (Spain), and Adina Ioana Valean (Romania) from the committee for Industry,
    Read More
  • IBTTA: industry must commit to trust and accountability
    August 23, 2018
    Without a commitment to trust and accountability, the modern road tolling industry would not have the bedrock which it requires – and which customers demand, says IBTTA’s Bill Cramer When Tim Stewart, executive director of Colorado’s E-470 Public Highway Authority, settled on ‘trust and accountability’ as the themes for his year as IBTTA president, it was a very deliberate choice. Stewart was looking for language that would help deliver the global tolling industry’s message of service excellence to cust
    Read More

Highlighted Content