USA: Dallas to Houston high speed rail project promoter Texas Central Partners issued an update on July 8. This follows a Texas Supreme Court ruling in the June that Texas Central can use eminent domain powers for land acquisition; the ruling came not long after the departure of CEO Carlos Aguilar.
The statement said: ’We thank the court for its recent thoughtful and considered review of this matter and appreciate the continued support of our investors, lenders, and other key stakeholders, as we continue to advance this important project.
‘Texas Central has made significant strides in the project over the last several years and we are moving forward on a path that we believe will ensure the project’s successful development. We look forward to being able to say more about this at an appropriate time in the near future.’
