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Authority issues RFEI to private investors, explores P3 delivery and revenue opportunities
Summary
Staff said the authority issued a targeted request for expressions of interest to financial institutions and private partners to evaluate public-private partnership models, potential packaging of assets and ancillary revenue sources.
The California High-Speed Rail Authority said it has issued a targeted request for expressions of interest (RFEI) to private-sector investors and financial institutions seeking feedback on public-private partnership (P3) opportunities and commercial packaging options. Brent Butzine, the authority's strategic adviser, told the board the RFEI is more targeted than prior outreach and seeks…
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