Export Development Canada

Alstom's Coradia iLint hydrogen train. Photo Credit: Alstom

Supply Side: Alstom, PSC Group

Alstom enters a strategic partnership with Export Development Canada (EDC) for sustainable mobility financing. Also, PSC Group, a Portfolio Company of Aurora Capital Partners, acquires Steel Line Rail Services LLC.

HHP-8 “Cannibalization” Generates Lawsuit

Philip Morris Capital Corp. and HNB Investment Corp. have sued Amtrak in New York federal court in an attempt to recover $92.9 million for what they claim is a breach of contract for long-retired electric locomotives used on the Northeast Corridor.