Virgin Trains’ planned $4.8-billion high-speed rail line between Southern California and Las Vegas secured a major portion of financing, with the California Infrastructure and Economic Development Bank approving the developer’s $3.5- billion bond request. It will help fund the 135-mile California portion of the 170-mile line. Pending Nevada’s approval, Virgin Trains plans to begin construction next year.
Bonds OK'd by Calif. for SoCal-Las Vegas Rail Link
November 6, 2019