NJ TRANSITGRID Project Financial Advisor Update

The selection of a qualified financial advisor, Piper Sandler & Co., to provide financial advisory services to NJ TRANSIT for the procurement and selection of providers of the NJ TRANSITGRID project, was authorized during the February 12, 2020 Board of Directors meeting held at NJ TRANSIT’s Newark Headquarters. To read more, please click here.

To read more about the Rutgers University study on the economic impact of NJ TRANSITGRID, please click here.

NJ TRANSIT has secured the final environmental permits required to begin work on the Delco Lead Storage and Inspection Facility and County Yard Improvement Project as the Delaware & Raritan Canal Commission granted its approval. The D&R Canal approval is the last major environmental permit necessary for construction to begin on the secure storage facility that will be capable of storing 400 or more rail cars. To read the full...

The Federal Transit Administration (FTA) and New Jersey Transit Corporation (NJ TRANSIT) prepared a Notice of Availability (NOA) for the NJ TRANSITGRID TRACTION POWER SYSTEM Draft Environmental Impact Statement (DEIS) which was published in the Federal Register by the Environmental Protection Agency (EPA) on May 17, 2019 as EIS No. 20190104. The Federal Register can be viewed here. The NOA was prepared in accordance the National...

The Federal Transit Administration (FTA) and New Jersey Transit Corporation (NJ TRANSIT) prepared a Draft Environmental Impact Statement (DEIS) for the NJ TRANSITGRID TRACTION POWER SYSTEM (the Project) which is available for public review as of May 20, 2019. A public comment period for the DEIS will run from May 20, 2019 to July 19, 2019.  The document can be viewed here. The document was prepared in accordance the National...