Italy: Milan Metro Wins Finance Award
Milan Metro line 5 has been named the Transport Deal of the Year 2015 by the been named the Transport Deal of the Year 2015 by the Project Finance International Magazine Awards.
The metro, constructed and operated by a consortium of Alstom, Astaldi, Ansaldo STS, Hitachi Rail Italy (formerly Ansaldo Breda) and ATM won the award for the work undertaken by the City of Milan and the consortium. The metro is a ground breaking project for sustainable transport in Milan.
Alstom’s work as leader of the consortium was responsible for the design, production and installation of the tracks and associated third rail, the auxiliary and 750VDC traction substations, the medium and low voltage electricity distribution network and the security and fire detection systems, as well as the automatic platform screen doors which make the network particularly safe. The project was managed from Alstom’s railway infrastructure office Guidonia, Rome.
The 13km, 19 station underground Line 5 is the only automatic metro line in Milan , transporting 130,000 people every day, it saves approximately 15million car journeys a year.
Pierre-Louis Bertina, Managing Director of Alstom Italy said:
“We are very honoured about this international recognition, which rewards the hard collective work between public and private actors that led to delivering on schedule Milan metro line 5. Achieving this important goal was made possible thanks to the great cooperation between the different members of the Consortium Alstom was proud to be part of.”