NX1 Capital Provides Financing for Rail Infrastructure Upgrade

Source Intelligence

KEY DETAILS

The funding is provided through the $1.5 billion Infrastructure for Rebuilding America (INFRA) discretionary grant program.

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Deal Size

Chicago lands $130M for rail infrastructure upgrades

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Location

Chicago lands $130M for rail infrastructure upgrades

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Announcement

October 4, 2018

PARTIES MENTIONED IN SOURCE

M

Metra partner

"in partnership with Metra, Amtrak, and more"

A

Amtrak partner

"in partnership with Metra, Amtrak, and more"

C

City of Chicago partner

"The C.R.E.A.T.E. Program is an innovative public-private partnership involving the City of Chicago, State of Illinois, U.S. Department of Transportation, and the freight, passenger, and commuter railroads serving the Chicago region."

S

State of Illinois partner

"The C.R.E.A.T.E. Program is an innovative public-private partnership involving the City of Chicago, State of Illinois, U.S. Department of Transportation, and the freight, passenger, and commuter railroads serving the Chicago region."

U

U.S. Department of Transportation partner

"The C.R.E.A.T.E. Program is an innovative public-private partnership involving the City of Chicago, State of Illinois, U.S. Department of Transportation, and the freight, passenger, and commuter railroads serving the Chicago region."

I

Illinois Department of Transportation recipient

"marking the award of $132,034,680 to the Illinois Department of Transportation."

medium quality Enriched Feb 19, 2026