Balfour Beatty closes Denver deal

Balfour Beatty has announced that the Denver Transit Partners (DTP) has reached financial close for the design, build, finance and operation of the Eagle P3 commuter rail project in the Denver metropolitan area of the United States for the Denver Regional Transport District.Balfour Beatty will be responsible for a 50% or $500m (£333m) share of the $1bn engineering, procurement and construction contract and a 33% or $340m (£227m) share of the $1bn 29-year operations and maintenance contract.

The multi-billion Eagle project includes:

•East Corridor: a new 22.8 mile commuter rail line from Union Station to Denver International Airport;

•Gold Line: a new 11.2 mile commuter rail line from Union Station to Wheat Ridge;

•A two mile initial segment of the Northwest Rail Corridor; and

•A new commuter rail maintenance facility.

Phase one of the project is scheduled to start from 26 August. Phase 2 is expected to start in 2011.

As well as Balfour Beatty Rail and Parsons Brinckerhoff, Balfour Beatty’s professional services arm, the DTP team, led by Fluor, John Laing plc, and Uberior Investments, includes transit industry experts Ames Construction, Hyundai-Rotem USA (Hyundai), Alternative Concepts, Inc. (ACI), Fluor/HDR Global Design Consultants, PBS&J, Interfleet Technology, Systra and Wabtec.

Balfour Beatty chief executive, Ian Tyler, said:

“We are delighted to be a key part of the DTP team for this transformational project for the citizens of Denver. This project demonstrates the capabilities the Balfour Beatty Group can deliver for major infrastructure owners. We look forward to continuing our successful relationship with our partners and the community to deliver this prestigious project.”

The Eagle Project is part of RTD’s FasTracks Plan, a 12-year multi-billion dollar transit expansion programme to build and operate new commuter and light rail services and expand transportation offerings throughout the eight-county Denver area.

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