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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…

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…

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…

Missouri’s Governor Puts $351M Worth of Bridge Spending in 2020 Budget

January 23, 2019 - in Financial, News

Governor Michael Parson (R) highlighted what he called several “long-term investments” in Missouri’s transportation infrastructure during his first “State of the State Address” on Jan. 16. [Above photo by Missouri DOT.] The biggest piece of that…

USDOT Opens up Applications for Second Round of INFRA Grant Funds

January 8, 2019 - in Financial, News

The U.S. Department of Transportation opened second round of the Infrastructure for Rebuilding America or INFRA discretionary grant program via a Notice of Funding Opportunity or NOFO issued Dec. 21. [Above photo by Colorado DOT.] The agency said in a statement…

U.S. Department of Transportation Announces Notice of Funding Opportunity for Automated Driving System Demonstration Grants

January 4, 2019 - in Financial, News

WASHINGTON – The U.S. Department of Transportation (USDOT) today announced up to $60 million in federal grant funding for projects that test the safe integration of automated driving systems (ADS) on our nation’s roadways. These grants aim to gather significant…