LAS VEGAS (FOX5) — Brightline West, the company working to develop a high-speed rail line connecting Las Vegas to Southern California, told FOX5 Tuesday that it is still finalizing funding for the project.
In March, the company told FOX5 that it was still waiting on a $6 billion federal loan needed to fund the rail line’s construction through the federal Railroad Rehabilitation and Improvement Financing program. On Tuesday, the company confirmed it was still working to secure that funding.
Brightline West’s statement to FOX5 read, in part, “This financing effort is not new and has been part of our ongoing discussions regarding the project’s development. We continue to work through the federal financing process and remain focused on advancing the project toward construction.”…