• Brightline West Construction and Projected Opening (2024 - 2028)

  • This is a forum for all operations, both current and planned, of Brightline, formerly All Aboard Florida and Virgin Trains USA:
    Websites: Current Brightline
    Virgin USA
    Virgin UK
This is a forum for all operations, both current and planned, of Brightline, formerly All Aboard Florida and Virgin Trains USA:
Websites: Current Brightline
Virgin USA
Virgin UK

Moderator: CRail

  by HenryAlan
 
Gilbert B Norman wrote: Wed Jan 24, 2024 10:33 am
HenryAlan wrote: Wed Jan 24, 2024 9:54 am It's worth noting that this "funding" is a bit different, though, from the $3 billion grant. In this case, the Fed gov is essentially incentivizing bond sales. But make no mistake, the $2.5 billion will be debt on Brightline's balance sheet, whereas the $3 billion will be booked as revenue on the income statement.
Paid In Capital is more like it, Mr. Alan.

GBN; CPA
Thank you Mr. Norman, but the article said bonds, not shares. I work in health care finance, and some terms might be different by industry, but bonds are always debt, and paid in capital, so far as I've ever seen, is always the shareholder funds.
  by Jeff Smith
 
Details of upcoming work: News3LV.com
Work set to begin for Brightline West high-speed train connecting Las Vegas, California
...
According to the announcement, field work began in January to advance the final stages of design in preparation for a groundbreaking. Field investigation work includes geotechnical borings and samplings, utility potholing, and land surveying.
...
In some instances, short-term closures of freeway shoulders will be required. All work will be done in compliance with applicable environmental regulations and in coordination with Caltrans and the Nevada Department of Transportation.
...
see link for project areas listed
...
  by electricron
 
Lucid Stew's new 3D Youtube video of the proposed Brightline West route from 30% design.




Very informative if you do not have time to read through the entire document.