Texas Central, the high speed rail company proposing a rail line from Dallas to Houston, continues to make strides and locked down a financial adviser for the project.
According to a statement from Texas Central, the company has tabbed Citi Bank and MUFG as advisors and also as their lead for capital-raising activities.
Texas Central says Citi will serve as sole global coordinator and lead financial adviser and MUFG as co-global financial adviser. Citi and MUFG will assist in securing the financing across debt and equity to finance the project.
Recently, Texas Central named an environmental partner on February 4th, tabbing Resource Environmental Solutins as their ecological mitigation partner.
