Seven County Infrastructure Coalition selects private partner to finance and build the Uinta Basin Railway

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

The Seven County Infrastructure Coalition board in USA has selected Drexel Hamilton Infrastructure Partners, LP for a public-private partnership to finance and build the proposed Uinta Basin Railway. 

This Uinta Basin Railway is a new rail line proposed by the Coalition that will connect the Uinta Basin’s various industries to the national rail network. The railway will provide the long understood need for a cost-effective solution for additional transportation infrastructure in the Uinta Basin.

Once the public-private partnership is finalized through definitive agreements, Drexel Hamilton will finance, develop and construct the Uinta Basin Railway. They are partnered with Rio Grande Pacific Corporation to operate and maintain the railway.

The Coalition will continue in its current role as the public partner responsible for obtaining environmental clearance and authorization from the U.S. Surface Transportation Board. The Surface Transportation Board will oversee the National Environmental Policy Act process for the railway by preparing an environmental impact statement.

The Board also voted to approve a rail term sheet with the Ute Indian Tribe. The Coalition and the Tribe continue ongoing, positive discussions in an effort to take steps towards a formal partnership. The Coalition appreciates the support that the Tribal natural resources offices and energy and minerals departments have provided thus far.

The Uinta Basin Railway will provide economic stability to communities in the Uinta Basin by creating well-paying jobs and increasing opportunities for the Basin’s main industries: oil and gas, agriculture and livestock, and mining. The goods produced by these industries play a critical role in the U.S. economy, providing fuel for automobiles, plastics for medical supplies, and feed for livestock throughout the U.S.

List of the country updates

Country updates

  • May 17, 2019

    Teacher Retirement System of Texas (TRS) invests US$ 150 million in GEPIF III fund

    Teacher Retirement System of Texas (TRS) in USA has approved investments of US$ 660 million in real asset and infrastructure funds. The TRS will invest US$ 150 million in Blackrock's Global...

    Read more
  • May 17, 2019

    FC for Courthouse P3 project in Travis County

    The consortium of companies led by Hunt and Amber Infrastructure has reached financial close for the US$350 million Travis County Civil and Family Courts Facility in Texas, USA.  The funds...

    Read more
  • May 16, 2019

    Four bids received for mixed-use P3 project in Troy

    The City of Troy in New York has received four bids for the development of One Monument Square, a mixed-use project that aims to build a public plaza, parking garage, an eight-story mixed-use building...

    Read more
  • May 15, 2019

    Financial and business advisory RFP issued for Arena project in El Paso

    The Department of Purchasing and Strategic Sourcing of the city of El Paso, Texas, USA has issued an RFP seeking financial and business advisory consulting service for the Multipurpose...

    Read more
  • May 15, 2019

    PPP engineering consultancy services RFP issued by Virginia transport department

    Virginia Department of Transportation (VDOT) in the USA has issued a Request for Proposal (RFP) seeking statewide consulting engineering services from private companies. The companies will assist...

    Read more

Share this update