Balfour Beatty and Stadler secure major electrification and rolling stock contracts from Caltrain August 17, 2016 | North America News Caltrain has awarded two contracts of total value USD1.25 billion for the Peninsula Corridor Electrification Project (PCEP). The USD697-million contract for the electrification of infrastructure has b... This content is available to only subscribers. Username or E-mail Password Remember Me Forgot Password