News
06 June 2025

CHSRA found in default of federal grant terms

In:
Transport
Region:
Americas

The California High-Speed Rail Authority (CHSRA) has been found to be in default of the terms of the federal grant awards for its high-speed rail project.A Federal Railroad Administration (FRA) Compliance Review Report, released by US Transportation Secretary Sean P. Duffy, identifies 9 key findings...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
15 May 2026

Jabiru-1: Sky high disputes for satellite project finance

The financial fallout from NewSat's failed Jabiru-1 satellite project financing could be stratospheric. Investors are claiming $1 billion or more in damages from banks in an...

Perspective
21 May 2026

Crypto lenders and commercial banks move into GPUs

Private credit is losing its share of the AI computing market at both ends. Hyperscale credits are migrating to banks, and the lower-rated borrowers to decentralised finance.