Transactions - AUGUST 16, 2016

U.K. infrastructure group wins $697m Caltrain contract

by Andrea Waitrovich

London-based Balfour Beatty has been awarded a $697 million contract to build 52 miles of overhead power lines for the Caltrain Peninsula Corridor Electrification Project in the San Francisco Bay Area.

The Caltrain Peninsula Corridor Electrification Project will run through 17 cities between San Francisco and San Jose, and it is the largest contract secured by Balfour Beatty in the United States. The project is due to start this fall, with completion expected in spring 2020.

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