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Stantec reports strong second quarter 2023 results, achieves record backlog and increases guidance for the full year

August 10, 2023 - in Financial, News

Q2 2023 Highlights Net revenue of $1.3 billion, an increase of 14.5% over Q2 2022 Adjusted EBITDA margin1 of 17.5% (excluding LTIP revaluation) Adjusted diluted EPS1 of $0.99, up 19.3% over Q2 2022 Backlog of $6.6 billion, up 11.4% since December 31,…

California-based Birdstop Raises Funding to Expand Network of BVLOS Drones across America and Protect Critical Infrastructure

August 9, 2023 - in Financial, News

Top FAA Approvals to Fly Drones BVLOS without Visual Observers Using Low Altitude Airspace Intelligence System New R&D Facility Set to Open in Alabama …

Samsung Ventures and Lam Capital invest in Membrion sustainable solutions for industrial and semiconductor wastewater

August 9, 2023 - in Financial, News

Membrion Series B round closes at $12.5M   Seattle, August 8, 2023 – Electro-desalination membrane manufacturer, Membrion today announced the completion…

Synthica Energy Announces Equity Investment from the Infrastructure Business within Goldman Sachs Asset Management

August 8, 2023 - in Corporate, Financial, News

Partnership and capital infusion will enable company to scale operations to produce RNG from  pre-consumer food and beverage waste and other organic manufacturing byproducts   AUGUST 7 – CINCINNATI – Synthica Energy, LLC, an energy transition…

Xylem Reports Second Quarter 2023 Results

August 3, 2023 - in Financial, News

Second-quarter revenue grew 26%, including May 24 acquisition of Evoqua; up 15% organically Second-quarter earnings per share of $0.45, down 27%; adjusted earnings per share of $0.98, up 32% Raising full-year revenue guidance to approximately $7.2B, up 30%,…

Biden-Harris Administration Announces Nearly $21 Million in Grants to Improve Road Safety on Tribal Lands

July 20, 2023 - in Financial, News

Funded by the Bipartisan Infrastructure Law, projects will make roads safer for drivers, cyclists and pedestrians   WASHINGTON – Today, the U.S. Department of Transportation’s Federal Highway Administration (FHWA) announced $20.9 million in grant…

California Energy Project Unveils Two Set-Aside Funding Programs for Transit and Drayage Fleet Infrastructure

July 12, 2023 - in Financial, News

Over $33 million in incentives will be available from EnergIIZE for approximately four weeks beginning on July 27, 2023 Pasadena, CA: The California Energy Commission’s (CEC’s) Energy Infrastructure Incentives for Zero-Emission Commercial Vehicles (EnergIIZE)…

Biden-Harris Administration Announces $130 Million for Seven Transportation Projects on Federal and Tribal Lands as Part of President Biden’s Investing in America Agenda

July 10, 2023 - in Financial, News

Applications also open for next round of funding to improve access to Federal and Tribal lands    GRAND CANYON NATIONAL PARK, Ariz.– The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced $130.5 million…

With wind tax revenue, local counties improve infrastructure, complete special projects

July 7, 2023 - in Financial, News

NEVADA, IOWA â€“ Over the last 20 years, the windy fields of Iowa have allowed a new kind of opportunity to grow. In 2021, the state boasted the second-largest wind production in the nation and annually generates approximately $57 million in tax…

HUD Makes $75 Million in Funding Available to Tribal Communities for Community Development

June 29, 2023 - in Financial, News

Funds support development of infrastructure and community facilities in Tribal Communities   WASHINGTON -  The U.S. Department of Housing and Urban Development (HUD) announced that it will make available $75 million through the Indian Community Development…