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I would think so.

On Wed, Jun 29, 2011 at 6:11 PM, Eric Schwerin <eschwerin@rosemontseneca.com
> wrote:

> I would guess that Amtrak may need to do the same to finance the CAF
> purchase?
>
> Eric D. Schwerin
> eschwerin@rosemontseneca.com
>
> Sent from my iPhone
>
> On Jun 29, 2011, at 5:57 PM, Michael Muldoon <mmuldoon@rosemontseneca.com>
> wrote:
>
> *Amtrak Gets $562 Million For Electric Trains*
>
> Posted By *Nino Marchetti* On June 29, 2011 @ 2:30 pm In *Transportation*|
> *No Comments<http://www.earthtechling.com/2011/06/amtrak-gets-562-million-for-electric-trains/print/#comments_controls>
> *
>
> Amtrak’s attempts<http://www.earthtechling.com/2011/06/a-high-speed-rail-line-republican-style/>at high
> speed rail <http://www.earthtechling.com/tag/high-speed-rail/> may or may
> not succeed, but its efforts in more regular rail look to be getting a big
> boost today via word from the U.S. Department of Transportation (DOT) of a
> massive loan to help the railway purchase and get running new locomotives in
> the Northeast portion of the country. We first brought you word of this
> proposed purchase between Amtrak and Siemens for 70 electric locomotives back
> in October<http://www.earthtechling.com/2010/10/amtrak-moves-to-modernize-aging-trains/>
> .
>
> The DOT said <http://www.fra.dot.gov/roa/press_releases/fp_FRA14-11.shtml>it is giving Amtrak a $562.9 million loan under the Federal Railroad
> Administration’s Railroad Rehabilitation and Improvement Financing (RRIF)
> program <http://www.fra.dot.gov/Pages/177.shtml> to help accomplish the
> purchase of these 70 Sprinter ACS-64 electric locomotives from Siemens.
> Plans call for the manufacturer to add 250 domestic manufacturing jobs in
> order to design and build the trains across several states. Additional, it
> is believed Siemens will work with suppliers from across the country to
> provide train components, “further boosting U.S. manufacturing.”
> [image: Amtrak Siemens]
>
> image via Siemens
>
> From what’ve we written about the Sprinter ACS-64 model<http://en.wikipedia.org/wiki/Amtrak_Cities_Sprinter>before, we know it likely will operate at speeds up to 125 mph (201 kph) on
> the Northeast Corridor from Washington, D.C. to Boston and up to 110 mph
> (177 kph) on the Keystone Corridor from Philadelphia to Harrisburg,
> Pennsylvania. The 70 Amtrak Cities Sprinter ACS-64 locomotives – said by DOT
> to still be in the final design phase – will replace existing units that
> have been in service for 20-30 years with an average of 3.5 million miles
> traveled.
>
> If all goes as planned, the new trains will begin operating along regional
> and intercity routes in 2013 in a more energy efficient manner then previous
> ones used. Amtrak also believes they will help “improve frequency,
> performance and reliability” to a system not known for being on time most of
> the time
>
> --
> Mike Muldoon
> Rosemont Seneca Partners, LLC
> 1010 Wisconsin Ave., NW
> Suite 705
> Washington, DC 20007
> (202) 333-1880
> <mmuldoon@rosemontseneca.com>mmuldoon@rosemontseneca.com
>
>


--
Mike Muldoon
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
mmuldoon@rosemontseneca.co