Global Infrastructure SherpaPurple Line Transit Partners
Purple Line Transit Partners is a consortium formed as a Special Purpose Vehicle (SPV) to design, build, finance, operate, and maintain the Purple Line light rail project in Maryland, USA. Operating under a Public-Private Partnership (P3) model, its core focus is the delivery and long-term management of this specific large-scale transportation infrastructure asset.
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Infrastructure Project CompanyDeveloperOperatorInvestor
Strategic Overview
- Purple Line Transit Partners is a consortium comprising Meridiam, Star America, and Fluor Corporation, formed specifically for the Purple Line project.
- The project operates under a Public-Private Partnership (P3) model with the Maryland Department of Transportation (MDOT) and Maryland Transit Administration (MTA).
- The concession agreement was renegotiated in 2022 following significant project delays and cost overruns.
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Subscribe from €20/mo →Key People
Jane McNamee
CEO
Track Record
1
Deals Completed
8
Years Active
$B5.6B
Total Value
Notable projects: Purple Line Light Rail Project
Detailed Analysis
Sectors
Geographies
Deal Stage
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