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Old Posted Dec 6, 2020, 1:10 AM
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electricron electricron is offline
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Location: Granbury, Texas
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Quote:
Originally Posted by Easy View Post
It will be interesting to see if and when Texas Central is able to raise money to build the rail and buy equipment. They've stated that they won't use tax money and I don't see public infrastructure as an attractive investment for private investors. Brightline couldn't even sell bonds for the Las Vegas high speed train with government backing.
Brightline's Victorville to Las Vegas line would be a partial service, investors should be leery of an incomplete railroad service. Just look at the nearby CHSR line.

Texas Central line would be complete, connecting train stations in both Dallas and Houston. They already reportedly have around half the funds committed, and half the right of way purchased. They have the money in hand to purchase the remaining land, and once that has been purchased it should not be too difficult to find the remaining half of the funding. Slowly, but surely, Texas Central has been aligning all its ducks in a row, piece by piece. Once all the preparations are done, i expect dirt to be flying, concrete being poured, and rails being laid.

I made a similar posting about CHSR "not" having all its ducks in a row, starting the build even before all the EIS and other preparations for the entire main route was completed. Even government has problems finding money for a complete route when all the preparations are not finished. Likewise with Brightline, they really need a compete route if they plan on getting all their funding privately, even with government backed bonds.
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