Wednesday, October 23, 2024

Eaton to Help Modernize Infrastructure for Miami’s Metromover | ETN Stock News

Must read





Eaton has been selected to modernize the electrical infrastructure of Miami’s Metromover mass transit system, which served over 6.5 million riders in 2023. The project, supported by Infrastructure Investment and Jobs Act funding, is part of Miami-Dade County’s $153 million initiative to expand and upgrade its automated train network. Eaton will supply low-voltage air replacement circuit breakers and motor control components to modernize 21 aging electrical substations. The project, expected to complete by early 2025, aims to increase system reliability and capacity without requiring complete substation replacement.

Eaton è stata selezionata per modernizzare l’infrastruttura elettrica del sistema di trasporto pubblico Metromover di Miami, che ha servito oltre 6,5 milioni di passeggeri nel 2023. Il progetto, supportato dai fondi dell’Infrastructure Investment and Jobs Act, fa parte di un’iniziativa da 153 milioni di dollari della contea di Miami-Dade per espandere e aggiornare la sua rete di treni automatizzati. Eaton fornirà interruttori automatici di ricambio a bassa tensione e componenti per il controllo dei motori per modernizzare 21 stazioni elettriche obsolete. Il progetto, che ci si aspetta di completare entro l’inizio del 2025, punta ad aumentare l’affidabilità e la capacità del sistema senza richiedere la sostituzione completa delle stazioni.

Eaton ha sido seleccionada para modernizar la infraestructura eléctrica del sistema de transporte masivo Metromover de Miami, que sirvió a más de 6,5 millones de pasajeros en 2023. El proyecto, apoyado por fondos de la Ley de Inversión en Infraestructura y Empleos, es parte de una iniciativa de 153 millones de dólares del condado de Miami-Dade para expandir y actualizar su red de trenes automatizados. Eaton suministrará disyuntores de reemplazo de baja tensión y componentes de control de motores para modernizar 21 subestaciones eléctricas envejecidas. Se espera que el proyecto se complete a principios de 2025 y tiene como objetivo aumentar la confiabilidad y la capacidad del sistema sin requerir una sustitución completa de las subestaciones.

이튼은 2023년에 650만 명 이상의 이용객을 수송한 마이애미의 대중교통 시스템인 메트로무버의 전기 인프라를 현대화하기 위해 선정되었습니다. 이 프로젝트는 인프라 투자 및 일자리 법안의 지원을 받으며, 마이애미-데이드 카운티의 1억 5천3백만 달러 규모의 자동 열차 네트워크 확장 및 업그레이드 계획의 일환입니다. 이튼은 21개의 노후 전기 변전소를 현대화하기 위해 저전압 공기 차단기 및 모터 제어 부품을 공급할 것입니다. 2025년 초까지 완료될 것으로 예상되는 이 프로젝트는 전변전소를 완전하게 교체하지 않고도 시스템의 신뢰성과 용량을 증가시키는 것을 목표로 하고 있습니다.

Eaton a été sélectionnée pour moderniser l’infrastructure électrique du système de transport en commun Metromover de Miami, qui a servi plus de 6,5 millions de passagers en 2023. Ce projet, soutenu par le financement de l’Infrastructure Investment and Jobs Act, fait partie d’une initiative de 153 millions de dollars du comté de Miami-Dade pour étendre et mettre à niveau son réseau de trains automatisés. Eaton fournira des disjoncteurs de remplacement basse tension et des composants de contrôle des moteurs pour moderniser 21 sous-stations électriques vieillissantes. Le projet, dont l’achèvement est prévu pour début 2025, vise à augmenter la fiabilité et la capacité du système sans nécessiter le remplacement complet des sous-stations.

Eaton wurde ausgewählt, um die elektrische Infrastruktur des Metromover -Massenverkehrssystems in Miami zu modernisieren, das im Jahr 2023 über 6,5 Millionen Fahrgäste bediente. Das Projekt, das durch Mittel des Infrastruktur-Investitions- und Arbeitsplatzgesetzes unterstützt wird, ist Teil einer 153 Millionen Dollar schweren Initiative des Miami-Dade County zur Erweiterung und Aufrüstung seines automatisierten Schienennetzes. Eaton wird Niederspannungs-Luftstoßschutzschalter und Motorsteuerungskomponenten bereitstellen, um 21 alternde elektrische Umspannwerke zu modernisieren. Es wird erwartet, dass das Projekt bis Anfang 2025 abgeschlossen wird und darauf abzielt, die Zuverlässigkeit und Kapazität des Systems zu erhöhen, ohne eine vollständige Umspannwerkaustauschung zu verlangen.

Positive


  • Part of a large $153 million infrastructure upgrade initiative

  • Project secured through Infrastructure Investment and Jobs Act funding

  • Modernization of 21 electrical substations without complete replacement, reducing costs

  • Supporting system that served 6.5 million riders in 2023

Insights


This $153 million infrastructure modernization project represents a significant opportunity for Eaton, showcasing their expertise in power management solutions for mass transit systems. The contract to upgrade 21 electrical substations for Miami’s Metromover demonstrates Eaton’s strong position in the infrastructure modernization wave driven by the Infrastructure Investment and Jobs Act (IIJA).

The project’s focus on retrofitting existing infrastructure rather than complete replacement shows smart cost management while enabling capacity expansion. Eaton’s digital monitoring solutions and modernized equipment will likely improve system reliability for a transit system serving over 6.5 million riders annually. This project could serve as a reference case for similar urban transit modernization initiatives across the U.S., potentially leading to additional contracts as cities upgrade their aging infrastructure.












Infrastructure funding and regional initiatives support Metromover upgrades

PITTSBURGH, PA / ACCESSWIRE / October 23, 2024 / Intelligent power management company Eaton is helping Miami-Dade Transportation & Public Works update the electrical system supporting its Metromover mass transit system that carried more than 6.5 million riders in 2023. The project is supported by Infrastructure Investment and Jobs Act (IIJA) funding and is part of Miami-Dade County’s broader $153 million initiative to expand and upgrade the reliability of its automated train network. The project is expected to be completed by early 2025.

“The future of transportation is considerably more electric, and we’re excited to enable the large-scale infrastructure projects needed to make it happen,” said Igor Stamenkovic, senior vice president and general manager for Eaton’s Electrical Engineering Services & Systems division. “By modernizing the existing energy systems to work smarter, safer and more resiliently, we’re helping Miami-Dade Transportation & Public Works prepare for the future in a timely and cost-effective manner by avoiding complete infrastructure overhaul.”

Eaton solutions will enable Miami-Dade Transportation & Public Works to monitor and manage its electrical systems to increase uptime and reliability. The company’s digitalization approach provides a better way to manage power, supporting insights into equipment health and notifications of potential issues before they result in downtime.

Eaton is supplying the transit authority with low-voltage air replacement circuit breakers and new motor control components to modernize 21 aging electrical substations.Top of FormBottom of Form Eaton’s retrofit capabilities will help boost the electrical capacity, reliability and safety of the Metromover to support its planned expansion without significant cost or additional footprint required for complete substation replacement.

Learn more about Eaton’s solutions for federal clean energy, stimulus and infrastructure initiatives.

Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy sources, helping to solve the world’s most urgent power management challenges, and building a more sustainable society for people today and generations to come.

Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century. We reported revenues of $23.2 billion in 2023 and serve customers in more than 160 countries. For more information, visit www.eaton.com. Follow us on LinkedIn.

Contact:

Kristin Somers
+1.919.345.3714
kristincsomers@eaton.com

Regina Parundik
Cobblestone Communications
+1.412.559.1614
Regina@cobblecreative.com

###


Eaton is helping update the electric infrastructure supporting Miami’s Metromover mass transit system.

View additional multimedia and more ESG storytelling from Eaton on 3blmedia.com.

Contact Info:
Spokesperson: Eaton
Website: https://www.3blmedia.com/profiles/eaton
Email: info@3blmedia.com

SOURCE: Eaton

View the original press release on accesswire.com








FAQ



What is Eaton’s role in Miami’s Metromover modernization project?


Eaton (ETN) is modernizing the electrical system by providing low-voltage air replacement circuit breakers and motor control components for 21 aging electrical substations, improving system reliability and capacity.


When will Eaton complete the Miami Metromover upgrade project?


The project is expected to be completed by early 2025.


How much is Miami-Dade County investing in the Metromover upgrade initiative?


Miami-Dade County is investing $153 million in the broader initiative to expand and upgrade the reliability of its automated train network.


How many riders used Miami’s Metromover system in 2023?


The Metromover mass transit system carried more than 6.5 million riders in 2023.





Latest article