Morningstar DBRS Comments on MISO's Historic $22 Billion Regional Transmission Plan
Key Highlights • We expect the credit impact of Tranche 2.1 on utility companies to be neutral, provided that they can finance the capex and maintain their debt-to-capital ratios in alignment with the regulatory capital structure. • MISO’s alignment with FERC Order No. 1920 should benefit transmission owners. • Legal challenges to right of first refusal laws could create delays. • Uncertainty on decarbonization policies could weaken cost-benefits On December 12, 2024, the Midcontinent In...
HCSS Announces Partnership with Propeller
The collaboration aims to streamline geospatial data access and site management for construction teams SUGAR LAND, TX— HCSS, the leading provider of construction management software designed to connect the office to the field across the lifecycle of heavy civil and infrastructure projects, has announced a strategic partnership with Propeller, a global leader in geospatial solutions. This partnership will integrate Propeller's powerful mapping and data visualization capabilities with HCSS’s su...
Amtrak Selects STV Joint Venture with AECOM for Transformative Sawtooth Bridges Replacement Project
The joint venture will provide project management services for the transformative New Jersey project NEWARK, NJ – STV, a leading professional services firm that plans, designs and manages infrastructure projects across North America, today announced Amtrak selected Sawtooth Partners, its joint venture led by AECOM, to provide project management and construction management (PM/CM) services for the Sawtooth Bridges Replacement Project. The joint venture will modernize the most congested 10-mile...
O’Melveny Represents BofA Securities and Other Underwriters in Connection with United Airlines’ Financing of Terminal Improvement Projects at George Bush Intercontinental Airport
LOS ANGELES—December 18, 2024 — O’Melveny represented BofA Securities, Inc. and other underwriters in connection with the issuance and sale of US$1.1 billion of special facility revenue bonds issued for United Airlines’s benefit by the City of Houston to finance a portion of an approximately US$2.5 billion redevelopment of Terminals B and C at George Bush Intercontinental Airport (IAH). The redevelopment project will include improving and expanding the Terminal B central processing facility;...
Fortera and Sumitomo Corporation Join Forces to Bring Low-Carbon Cement Technology to Asia
Strategic partnership aims to bring Fortera’s low-to-zero-carbon cement plants to Asia, transforming industrial CO2 into sustainable, high-performance ReAct® green cement. Fortera’s ReCarb® technology provides a verifiable carbon management solution that supports large-scale decarbonization efforts. ReCarb® can be implemented at any cement plant by seamlessly integrating with the existing infrastructure, saving time and capital costs. [SAN JOSE, Calif., December 17, 2024] — W...
Biden-Harris Administration Announces Three High-Priority Areas Advancing in National Interest Electric Transmission Corridor Designation Process
DOE Seeks Public Input on Proposed Public Engagement Framework and Possible Scope of Analysis for Areas Moving to Phase 3 of Designation Process WASHINGTON, D.C. — In a continued effort to expedite the build out of a resilient and reliable electric grid, today the U.S. Department of Energy (DOE) released a list of three potential National Interest Electric Transmission Corridors (NIETCs) moving to the next phase of the designation process. A NIETC is an area of the country where DOE has...
SOM-Led Team to Write Forthcoming AISC Sustainability Design Guide
CHICAGO - Designers looking for a one-stop shop for sustainable design will soon have a fantastic resource--written by true experts. The American Institute of Steel Construction has selected a team led by Skidmore, Owings & Merrill to draft its newest design guide. Experts from Skanska USA Buildings, Inc. and Nucor Steel Corporation as well as Northeastern University’s Jerome F. Hajjar, PE, PhD, round out the list of authors. “This is a fantastic team,” said AISC Vice President of Sustaina...
Trimble and GroundProbe Collaborate to Offer Complete Monitoring Portfolio for Geotechnical and Geospatial Mining Professionals
Integrated approach means less hassle and more support for complete slope stability monitoring solutions WESTMINSTER, Colo. & BRISBANE, Australia, Dec. 16, 2024 — Trimble® (Nasdaq: TRMB) and GroundProbe, part of Orica Digital Solutions (ASX: ORI) specializing in real-time solutions for measuring and monitoring geohazards, have announced a new collaboration. Instead of working through various suppliers to gain guidance on technology solutions, this joint effort will enable geotechnical mi...
New Report: Engineering Research as Key Driver to Combat Antimicrobial Resistance
Engineering Research Visioning Alliance’s latest report identifies research priorities for biosensors, materials, and devices to prevent antimicrobial-resistant infections and help address this global challenge DECEMBER - A new report released by the Engineering Research Visioning Alliance (ERVA), an initiative funded by the U.S. National Science Foundation (NSF), offers a glimpse of the future engineering research that could be leveraged to address a tenacious global health challenge:...
Morningstar DBRS Comments on Impact of Potential U.S. Tariffs or Electricity Export Ban on Ontario Independent Power Producers
Key Highlights • Ontario Premier Doug Ford has threatened to cut off electricity supply to the United States if it imposes a blanket 25% tariff on Canadian goods. • If the tariff or the electricity export ban occurs, we do not expect either to materially affect most power producers with operations in Ontario. • However, we believe that either scenario would decrease the efficiency of electricity systems in both Ontario and connected U.S. states, which would increase overall electricity syste...