The capital stack seems to be coming together for Calgary Airport—Calgary Downtown—Banff Hydrogen train.
Canada Infrastructure Bank to consider investing in $1-billion Calgary-Banff rail plan
From what I understand this is a $1.5 billion total project, but there are distinct funding and investment buckets.
- the rail itself in the CPR corridor (~$1-1.2 billion investments, meant to be flipped to private investors close to opening day)
- $500 million from Canada Infrastructure Bank
- $500 million from Invest Alberta
- $100 million from capital partners assembled by Liricon
- $100 million from design build operate finance partners
- rail from the CPR corridor to the Calgary Airport with flyovers and airport integrate station ($200-300 million funding)
-$100 million from the Calgary Airport (airport improvement fee)
-$100 million from Transport Canada (National Trade Corridors Fund)
- rail stations above and beyond functional
-$5 million from City of Cochrane
-$5 million from Liricon (Banff)
-$? million for Calgary (depends on location, likely another private-public partnership)
- hydrogen rail technology assistance
-$? million from Environment Canada
-$? million from Emissions Reduction Alberta
-$? million from partner Calgary International Airport proximate hydrogen producer