Fluor-Led Team Completes First Major U.S. Transit P3 Commuter Rail Line from Denver’s Downtown to Airport

First Public-Private Partnership Commuter Rail Line in U.S.

Monday, April 25, 2016 6:55 am EDT

Dateline:

IRVING, Texas

Public Company Information:

NYSE:
FLR
US3434121022

Fluor-led team completes first major U.S. transit P3 commuter rail line from Denver’s downtown to airport

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE:FLR) announced today that the University of Colorado A Line of the Denver Eagle P3 Commuter Rail Project has been completed and is now open to the general public.

The 23-mile electric commuter rail line between downtown Denver Union Station and Denver International Airport officially opened on Friday, April 22, 2016. The University of Colorado A Line contains eight stations along the route and uses new rail cars that are a first-of-their kind in Denver with level boarding to better accommodate travelers with luggage and accessibility needs. The cars reach top speeds of 79 mph and can carry up to 200 passengers.

“The Eagle P3 project is the nation's first public-private partnership project for commuter rail, and we want to congratulate the Regional Transportation District (RTD) and all its partners on completing the University of Colorado A Line,” said David Seaton, Fluor’s chairman and chief executive officer. “This project is an outstanding example of how the private and public sectors can partner to deliver infrastructure projects on time and within budget,” Seaton said. “This line will connect communities and provide a vital transportation link for adjacent employment, neighborhoods and new development. The innovative financing, design, construction and operations demonstrate the full integrated solutions that Fluor provides its clients.”

In addition to RTD’s University of Colorado A Line, the Eagle P3 project also includes the Gold Line between Denver Union Station and Arvada/Wheat Ridge; an initial segment of the Northwest Rail Line to South Westminster, called the B Line; and the LEED Gold certificated Commuter Rail Maintenance Facility (CRMF). Using the Design-Build-Finance-Operate-Maintain model, or DBFOM, Denver Transit Partners, a Fluor-led joint venture, will also operate and maintain the University of Colorado A Line, G Line, B Line and the CRMF for the next 28 years.

“The University of Colorado A Line opening not only marks an exciting time for the transportation and infrastructure world, but also for the Denver metro region,” said Aaron Epstein, executive project director of Denver Transit Partners. “We are thankful to all of the partners who, over the last six years, helped make this project a reality,” Epstein said. “We look forward to the ongoing partnership with RTD during the operations and maintenance phase for the next 28 years.”

The Eagle P3 project is a public-private partnership that was awarded by Denver’s Regional Transportation District (RTD) to the Fluor-led joint venture of Denver Transit Partners (DTP). DTP is comprised of a partnership between Fluor; Denver Rail (Eagle) Holdings, Inc., a unit of John Laing plc; and Aberdeen Infrastructure Investments (No. 4) USA LLC, a unit of Aberdeen Global Infrastructure Partners LP. Other team members include Balfour Beatty Rail, ACI, Ames Construction, Hyundai Rotem and HDR.

The Eagle P3 project is part of the RTD’s voter-approved FasTracks program to build 122 miles of commuter rail and light rail, 18 miles of bus rapid transit service, add 21,000 new parking spaces, redevelop Denver Union Station and redirect bus service to better connect the eight-county district. For more information, visit www.rtd-denver.com. For more information about the University of Colorado A Line project, visit http://www.rtd-denver.com/a-line-media.shtml.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. For more than a century, Fluor has served our clients by delivering innovative and integrated solutions across the globe. With headquarters in Irving, Texas, Fluor ranks 136 on the FORTUNE 500 list with revenue of $18.1 billion in 2015 and has 59,000 employees worldwide. For more information, please visit www.fluor.com or follow us on Twitter @FluorCorp.

Multimedia Files:

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The 23-mile University of Colorado A Line from downtown Denver to Denver International Airport is now open. (Photo: Business Wire)
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