ALTRAC consortium wins Sydney Light Rail PPP

John Laing, First State Super and Acciona Concesiones are equity investors in the project which aims to reduce congestion in the city.

Australia’s Transport for New South Wales (TfNSW) has appointed ALTRAC Light Rail Partners for the delivery and operation of Sydney’s Central Business District (CBD) and South East Light Rail project.

The ALTRAC consortium includes Transdev Sydney, Alstom Transport Australia, Acciona Infrastructure Australia and Capella Capital. John Laing is an equity investor in the project along with First State Super and Acciona Concesiones.

The Sydney Light Rail public-private partnership (PPP) is a rail infrastructure project which is designed to reduce congestion in Sydney and surrounding areas.

The project is split into two parts. The first part is the design, construction, service relocation, operation and maintenance of the CBD and South East Light Rail project, a new 12 kilometre (km) stretch of railway from Circular Quay through the CBD to the Moore Park sporting and entertainment precinct and Randwick Racecourse.

The second part of the project involves the operation and maintenance of the existing 12km Inner West Light Rail network to Dulwich Hill.

The CBD/South East Light Rail section will be constructed over four years beginning in the second quarter of next year, with 19 light rail stops along the route. The line will have 30 electric-powered light rail vehicles, with TfNSW having the option to order more during the 15-year operating period.

The new system is expected to be operational and carrying passengers in early 2019.