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U.S. Secretary of Transportation Elaine L. Chao Joined by Jacksonville Officials to Formally Announce $25 Million BUILD Grant for Revitalization Projects

February 12, 2019 - in Financial, News

JACKSONVILLE – U.S. Department of Transportation Secretary Elaine L. Chao today made the formal announcement of a $25 million grant to support the Bay Street Innovation Corridor and Urban Core Riverfront Revitalization projects in Jacksonville. Secretary…

Changes to Key Infrastructure Funding Processes Proposed in Two New Bills

February 12, 2019 - in Financial, News

A proposal to raise the federal statutory cap on private activity bonds or PABs and making changes to the Transportation Infrastructure Finance and Innovation…

Bill Revived to Eliminate Electric Vehicle Subsidy, Impose Alternative Fuel Vehicle Fee

February 12, 2019 - in Financial, News

Sen. John Barrasso, R-Wyo., and Rep. Jason Smith, R-Mo., re-introduced a bill on Feb. 6 that Sen. Barrasso initially proffered last October in the waning…

House Transportation & Infrastructure Committee Hears Pitch to Raise Gas Tax

February 11, 2019 - in Featured, Financial, News

By John Schneidawind, vice president of public affairs, ARTBA If the experience of newly elected Minnesota Gov. Tim Walz (D) is any indication, campaigning on raising the gas tax isn’t political suicide. It’s a path to victory. Speaking Feb. 7 before a…

EIB Approves EUR 4.8 Billion of Transport, Business, Urban and Energy Financing and Meets with Civil Society Organisations

February 7, 2019 - in Featured, Financial, News

EUR 2.3 billion of new financing for business investment across Europe and Africa EUR 1 billion for electric vehicles, upgrading international rail links and urban transport 120 NGO and civil society representatives joined the EIB to discuss EU Bank priorities…

U.S. Department of Transportation Announces More than $60 Million in Funding for Leading Transportation Research

February 7, 2019 - in Financial, News

WASHINGTON – The U.S. Department of Transportation (USDOT) today announced more than $60 million in funding for 32 University Transportation Centers (UTCs) around the country. UTCs are comprised of groups of universities seeking solutions to national, regional…

KETOS Secures Funding to Revolutionize Water Infrastructure and Safety

February 5, 2019 - in Financial, News

SAN FRANCISCO, CALIF. – February 5, 2019 – KETOS, a water intelligence innovator, today announced it has closed a $9 million Series A round of financing from a powerful collection of traditional venture capitalists, impact investors and industry leaders.…

HART Receives $1 Million from the FDOT Resilience Program for Infrastructure Improvements

February 1, 2019 - in Financial, News

The Hillsborough Area Regional Transit Authority has announced that it was awarded $1 million in state funding from the Florida Department of Transportation's Resilience Program that will be used to repair infrastructure damaged at the HART Operations Facility…

Augustine, Mineta Stress Need for More Highway Funding

January 28, 2019 - in Financial, News

The interstate highway system will become increasingly unreliable and congested – plus costlier to operate, maintain, and repair – if new funding sources are not located and the commitment between the states and federal government is not “re-strengthened.”…

E.ON Achieves Successful Commercial Operation and Tax Equity Financing for Stella Wind Farm

January 25, 2019 - in Financial, News

CHICAGO-  E.ON announced today the successful completion and tax equity financing of its 201 megawatt (MW) Stella wind farm in Kenedy County, Texas. Allianz Capital Partners of America on behalf of Allianz insurance companies provided tax equity financing…