Business, Management and Accounting
8 years ago

Railroads Seek $2 Billion for Electrification, Requiring Government Funding

Special report - Transportation Research Board, National Research Council
FINANCIAL CONSIDERATIONS OF RAILROAD ELECTRIFICATION
Richard Fishbein

Paper Summary

Railroads in the U.S. are considering electrifying 10,000 miles of track, which would cost $2 billion. To finance this, they could sell bonds, issue stock, lease, or get project financing, but they'll likely need government help.

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