Denver Eagle, US
The investment in Denver Eagle in 2010 marked John Laing’s entry into the US P3 market and was the country’s first public-private partnership transit project. It was signed by the Denver Transit Partners (DTP) consortium and client, Regional Transportation District in August 2010.
1st US P3 transit project
3 new commuter lines
35 miles of commuter rail
50% John Laing ownership interest
Strong operational track record
As a 50 per cent equity owner in Denver Transit Partners (the “Consortium”) and active investor, John Laing appointees hold key positions within the project, including the Chief Executive, as well as at the Board level. The Group has played an active role in the successful delivery of the project through construction and into operations. The third and final line opened in April 2019, and Denver Eagle is now building a strong operational track record. In late 2020, the project was successfully refinanced, reflecting the completion of construction and strong operational performance. As a result, the project’s debt service costs have been reduced, with the resulting savings shared with Regional Transportation District.