Bridge Improvement Grant Recipients Announced
PIERRE, S.D. – The South Dakota Transportation Commission awarded 28 Preservation, Rehabilitation and Replacement Bridge Improvement Grants (BIG) totaling approximately $13.93 million at their meeting today in Pierre. Grant recipients are: Aurora County, Beadle County (3), Brookings County, Clark County, Day County, City of Deadwood, Deuel County (2), Fall River County, City of Garretson, Hughes County,...
Governor Holcomb and Indiana Department of Transportation award $115 million through Next Level Roads: Community Crossings Initiative
INDIANAPOLIS – Governor Eric J. Holcomb and Indiana Department of Transportation Commissioner Joe McGuinness today announced 189 Indiana cities, towns and counties received a combined $115 million in state-matching funds for local road projects through the Next Level Roads: Community Crossings Initiative. “Indiana’s fully-funded, long-term Next Level Roads plan means cities, towns, and counties are improving their roads and bridges at levels unmatched in our state’s history,” Gov. Holcomb sai...
U.S. Department of Transportation Announces $46 Million Loan for Austin’s Manor Expressway Project
WASHINGTON – U.S. Transportation Secretary Elaine L. Chao today announced that the U.S. Department of Transportation’s Build America Bureau will provide up to a $46.94 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Central Texas Regional Mobility Authority (CTRMA). The loan is for the 290E Manor Expressway Phase III Project. “This $46 million investment will help reduce congestion at a major intersection along US 290 Expressway, and will also improve rel...
U.S. Department of Transportation Announces $4.5 Million for Emergency Repairs to SR 376 in Ohio
WASHINGTON — U.S. Transportation Secretary Elaine L. Chao today announced the immediate availability of $4.5 million in “quick release” Emergency Relief (ER) funds from the Federal Highway Administration (FHWA) to help repair State Route 376 in Morgan County, Ohio, which was closed in late February due to a large landslide that pushed the roadway. The funds were approved shortly after being requested by the Ohio Department of Transportation (ODOT). SR 376 is a major transportation artery for...
U.S. Department of Transportation Announces $10 Million for Emergency Repairs to Flood-Damaged Roads in Tennessee
WASHINGTON – U.S. Department of Transportation Secretary Elaine L. Chao today announced the immediate availability of $10 million in “quick release” Emergency Relief (ER) funds from the Federal Highway Administration (FHWA) to help repair roads damaged by flooding and landslides in Tennessee. The funds were approved shortly after being requested by the Tennessee Department of Transportation. “These emergency relief funds will help Tennessee expedite the repair process and restore access to ro...
Climeon’s Partly-Owned Company Baseload Capital Issues Green Bond of SEK 500 Million
Baseload Capital, an investment company which Climeon owns 15.7 percent of, has issued its first green bond. In total, SEK 500 million is issued to finance low temperature geothermal heat power. Baseload Capital has issued a green bond under their green bond framework. The bond is the first one in Sweden focused on low temperature geothermal heat power. In total, SEK 500 million is issued to finance geothermal power plants globally. The signatories consist of Nordic institutional investors....
Investment Potential in the Stockholm Region: €111 Billion
The planned construction projects within the Stockholm region show a total investment volume of €111 billion until the year 2040. According to Invest Stockholm’s report released today, the largest investment share is in housing, with an investment volume of €60,7 billion, followed by infrastructure investments in railway, subway and lightrail, with an investment volume of €9,6 billion. The sum of planned investments in the Stockholm region is estimated to €111 billion. This is a steady increa...
Clean and Green: Duke Energy Issues Second Green Bond
CHARLOTTE, N.C.- Duke Energy Progress, a subsidiary of Duke Energy (NYSE: DUK), has completed its first issuance of $600 million in green bonds that will finance eligible green energy projects, including the development, construction and procurement of solar generation in the Carolinas. This transaction, which involved two minority-owned banks to place the bonds, marks the second green bond transaction by a Duke Energy utility. Duke Energy Carolinas issued $1 billion of green bonds in Novemb...
State Transportation Funding Legislation Ramping Up in 2019
More information at www.transportationinvestment.org (WASHINGTON) – Legislators in 37 states have introduced 185 bills aimed at boosting transportation investment in the first two months of 2019, a new analysis finds. This number is higher than the amount of legislation the American Road & Transportation Builders Association’s Transportation Investment Advocacy Center (ARTBA-TIAC) tracked over the same time period last year and is projected to grow as additional measures are introduced throug...
State Approves Funding For Hale County Airport
PLAINVIEW—The Texas Transportation Commission approved approximately $500,000 for the Hale County Airport during their regular scheduled February meeting. The funds will be used as reimbursement for the acquisition of a hangar. The project is being funded through the city of Plainview, Hale County and the Texas Department of Transportation’s (TxDOT) Aviation Facilities Grant Program, which preserves and improves the state’s general aviation system, including the Hale County Airport. This y...