Purple Line Transit Partners is headquartered in Riverdale Maryland and holds the Public-Private Partnership Agreement (P3 Agreement) with MDOT MTA to design, build, finance, and operate the Purple Line Light Rail Project. PLTP is comprised of majority partner Meridiam and Star America. Meridiam is a leading equity investor, developer, asset manager, and long-term partner with $8 billion of assets under management and over eighty P3 projects in U.S., Canada, Europe, and Africa. Star America, a subsidiary of Tikehau Capital, is a U.S.-headquartered developer and manager of infrastructure assets in North America with investments in projects that have a total asset value of more than $5 billion as of September 30, 2020.
