California High-Speed Rail Taps Eight-Firm Momentum Alliance in First Private-Capital Bet to Build Beyond Central Valley

The authority's Notice of Proposed Award to Momentum Alliance Partners — a consortium spanning five countries — opens a 30-month clock to turn international rail expertise into a financeable plan for a system whose $126 billion price tag dwarfs the $39.3 billion in public funds currently on hand. The California High-Speed Rail Authority has named […]