Landmark international partnership to unlock power of sustainable finance on a global scale
Alliance of BRE, GBCA and USGBC’s green building rating systems - BREEAM, Green Star and LEED March 5, 2024 (London) – The UK-based Building Research Establishment (BRE), Green Building Council of Australia (GBCA) and the U.S. Green Building Council (USGBC) have announced an industry-first, international alliance to unlock the sustainable finance needed for the built environment to play its role in meeting global climate goals. The alliance will see the three organizations work together...
Pennsylvania Awarded $142 Million in Federal Funding for Eastern Pittsburgh Multimodal Corridor Project
In a recent press release, awards were announced for the National Infrastructure Project Assistance (Mega) grant program. The Mega program, which was created by the Bipartisan Infrastructure Law (BIL) and provides $5 billion in funding through 2026, is focused on projects that are uniquely large, complex and difficult to fund under traditional grant programs. Eleven different projects were awarded funding that will generate national and regional economic, mobility and safety benefits. In Penn...
Biden-Harris Administration Opens First Round of Applications for $250 Million to Reduce Traffic in Urban Areas
New competitive grant program under Bipartisan Infrastructure Law to help cut traffic and pollution on America’s roadways WASHINGTON- The U.S. Department of Transportation’s Federal Highway Administration announced today a new Bipartisan Infrastructure Law program that makes $250 million available, over five years, in competitive grants to advance innovative, multimodal solutions to reduce vehicular traffic in the most congested metropolitan areas of the United States. The Congestion...
HDR Continues Federal Grant Success, Helping U.S. Transportation Clients Secure $1.6 Billion in 2023
HDR’s grant and infrastructure finance professionals helped secure $1.6 billion in federal transportation discretionary grant funding for clients across the U.S. in 2023. While recent legislation such as the Infrastructure Investment and Jobs Act has created unprecedented levels of infrastructure funding, there remains a very competitive landscape for those seeking funding. Last year, the firm successfully assisted transportation clients in 31 states obtain discretionary funding for dozens of pr...
Xylem Reports Fourth-Quarter and Full-Year 2023 Results
Fourth-Quarter Highlights • Orders of $2.0 billion, up 42% on a reported basis and 10% organically • Revenue of $2.1 billion, up 41% on a reported basis and 9% organically • Earnings per share of $1.10, up 34%; $0.99 on an adjusted basis, down 1% Full-Year Highlights • Revenue of $7.4 billion, up 33% on a reported basis and 12% organically • Earnings per share of $2.79, up 42%; $3.78 on an adjusted basis, up 20% • Initiating 2024 full-year revenue guidance of $8.4 to $8.5 billion, up 3%...
Center releases guide to assist rural communities with grant application process
LYONS, NEBRASKA – While the passage of the Bipartisan Infrastructure Law and the Inflation Reduction Act offers an unprecedented amount of funding to rural communities for infrastructure, energy, and conservation projects, applying for the grants can be challenging. “Rural communities have the desire and the need to make improvements,” said Lindsay Mouw, senior policy associate with the Center for Rural Affairs. “But, the application process can sometimes be an intimidating and time-consuming...
Biden-Harris Administration Announces Grants to Upgrade Almost 4,500 Public Electric Vehicle Chargers
Funding from President Biden’s Investing in America Agenda Continues to Build a National EV Charging Network that is Convenient, Reliable, and Made in America WASHINGTON – The Biden-Harris Administration today announced it is awarding nearly $150 million to 24 grant recipients in 20 states to make existing electric vehicle (EV) charging infrastructure more reliable. The grants will be used to repair or replace nearly 4,500 existing EV charging ports and in some cases, bring them up to c...
Meridiam closes transaction to increase ownership in New York’s LaGuardia Airport Terminal B
NEW YORK — Meridiam, a leading sustainable infrastructure investor and asset manager, has successfully closed its acquisition of an additional c.16% ownership of LaGuardia Gateway Partners LLC in New York. LaGuardia Gateway Partners is responsible for the investment, development, and operation of the reconstructed Terminal B at LaGuardia Airport, completed in July 2022, as part of a public-private partnership with the Port Authority of New York and New Jersey. Meridiam now holds a c.48% stake...
Decarbonization Technology Market to Reach US$4 Trillion by 2032 as Investments Climb and Renewable Energy Infrastructure Costs Fall
The industrial sector is one of the highest contributors to global emissions. Reducing emissions in the sector presents one of the most significant challenges to worldwide decarbonization and reaching net-zero emissions by 2050. As the global economy grows and demand for industrial products (such as steel and cement) increases, industrials are looking to introduce decarbonization technologies to support emissions reduction efforts. According to global intelligence firm ABI Research, the decarbon...
Interstate Bridge Replacement program awarded $600 million in USDOT Mega Grant Program funding
Federal support demonstrates multimodal Interstate Bridge replacement is national priority VANCOUVER, WASH. – Today it was announced that the Interstate Bridge Replacement program has been awarded $600 million in U.S. Department of Transportation Mega Program funding. Funds from this federal grant will help construct the multimodal program to replace the Interstate Bridge and associated corridor improvements. The Interstate Bridge over the Columbia River connects Oregon and Washington o...
Stormwater Interview with Robert Page, P.E., Vice President, HNTB
Santa Barbara County North Branch Jail Expansion
February Issue 2026
