$2.4 billion bonds – California Globe

Southern California to Las Vegas High-Speed Rail Line To Begin Groundbreaking This Year

April 20, 2021 2:49 pm

Six months after being halted due to bond sale issues, Brightline West announced earlier this month that construction of the Las Vegas-Apple Valley high speed train is now scheduled to begin in the second quarter later this year. For several...

Southern California to Las Vegas High-Speed Rail Line Postponed

November 2, 2020 2:46 pm

On Sunday, the proposed Victorville-Las Vegas high speed rail line was halted indefinitely after the project failed to sell $2.4 billion in bonds. Fortress Investment Group, who is backing the Brightline West project, had received $600 million in bond allocations...