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Across North America, transit agencies are under growing pressure to electrify their fleets. Local and state mandates are driving the transition, and public expectations for cleaner, quieter transit are rising.
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MARTA will refund $148 million of its series 2020B and 2021D bonds, resulting in $8.2 million in net present value savings on future interest costs.
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As first announced with NFI’s second quarter 2023 financial results, NFI entered into an agreement for up to C$10 million in interest-free financing from PrairiesCan through Canada’s Jobs and Growth Fund.
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Financing covers new and pre-owned buses and coaches, infrastructure development (including hardware, software, and support services offered by NFI Infrastructure Solutions), and vehicle batteries.
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