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U.S. Department of Transportation Announces $99.6 Million Loan to the City of Bellevue, Washington for the Belred Street Network Project

June 16, 2017 - in Financial, News

WASHINGTON – U.S. Transportation Secretary Elaine L. Chao today announced that the Department of Transportation’s Build America Bureau (Bureau) will provide a $99.6 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the City…

Department of Energy Advances $32 Million in Funding for Advanced Technologies

June 15, 2017 - in Energy, Featured, Financial, News

WASHINGTON, D.C. – The U.S. Department of Energy (DOE) today announced up to $32 million in funding for 16 projects as part of two new Advanced Research…

Oklahoma Legislature Cuts DOT Budget Less Than Planned

June 14, 2017 - in Financial, News

The Oklahoma Department of Transportation will have to absorb a spending cut of more than $150 million as a result of the Legislature's budget actions,…

Sunnova Raises nearly $1 Billion Based on Strength of Business Approach

June 13, 2017 - in Energy, Financial, News, Renewables

HOUSTON, June 13, 2017 — Sunnova Energy Corporation, a leading residential solar service provider in the U.S., announced today it has raised aggregate capital of nearly $1 billion in the past three months after closing a $140 million round of debt funding…

Commerce Awards $1.7 Million EDA Grant for Virgin Islands Transportation Hub

June 8, 2017 - in Financial

The U.S. Commerce Department's Economic Development Administration awarded a $1.7 million grant to support a Virgin Islands seaplane facility that it said is a major inter-island transportation hub. The money will help the Port Authority of Charlotte Amalie…

Nearly $79M in Local Project Grants Go Out to New Jersey Municipalities

June 8, 2017 - in Financial, News

New Jersey Gov. Chris Christie said the state will distribute $78.75 million in grants to localities for transportation projects under its Municipal Aid program. "Most of the Municipal Aid grants will support road resurfacing or preservation projects, and…

U.S. Transportation Secretary Elaine L. Chao Announces $527.8 Million in Infrastructure Grants to Airports

June 5, 2017 - in Financial, News

WASHINGTON – U.S. Department of Transportation Secretary Elaine L. Chao today announced the Federal Aviation Administration will award $527.8 million in airport infrastructure grants to 584 airports across the United States as part of the FAA’s Airport…

U.S. Department of Transportation Announces $197 Million in Grants for Positive Train Control Implementation

June 5, 2017 - in Financial, News

WASHINGTON – The U.S. Department of Transportation’s Federal Railroad Administration (FRA) and Federal Transit Administration (FTA) today announced the grant recipients who will receive $197 million in competitive grant funding to help commuter and…

Trump Budget Offers Information on Infrastructure Plan

May 31, 2017 - in Financial, News

President Trump used documents released with his 2018 budget proposal to provide more information on his plans for major infrastructure investment, along with a request to spend an initial $5 billion for it in the fiscal year that starts Oct. 1. In all, Trump…

Survey Reveals Infrastructure Increase by 4.9%

May 30, 2017 - in Featured, Financial, News

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