Synthica Energy Announces Equity Investment from the Infrastructure Business within Goldman Sachs Asset Management
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 platform aimed to design, build, own, and operate large-scale, contracted anaerobic digestion facilities to convert pre-consumer organic waste into renewable natural gas (RNG), announced today that it has closed on a large equity investment from the I...
Xylem Reports Second Quarter 2023 Results
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%, with organic revenue growth of 9% to 10%, up from 8% to 9% Lifting full-year adjusted EPS guidance to $3.50 to $3.70, from $3.15 to $3.35 on strong momentum from both companies WASHINGTON--(BUSINESS WIRE)-- Xylem Inc. (N...
Biden-Harris Administration Announces Nearly $21 Million in Grants to Improve Road Safety on Tribal Lands
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 awards for 88 Tribal projects that will reduce roadway fatalities and serious injuries on Tribal lands. The grants, from the Tribal Transportation Program Safety Fund for proven countermeasures such as pavement markings, rumble strips and better...
California Energy Project Unveils Two Set-Aside Funding Programs for Transit and Drayage Fleet Infrastructure
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) Project is excited to announce the opening of two set-aside funding lanes for transit agencies and drayage fleets. Administered by CALSTART and partner Tetra Tech, the EnergIIZE Project will offer $11.4 million total infrastructure incen...
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
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 in federal grants for seven projects under FHWA’s Nationally Significant Federal Lands and Tribal Transportation Projects Program. The grants, announced at an event at the Grand Canyon National Park, recognize transportation projects of national signif...
With wind tax revenue, local counties improve infrastructure, complete special projects
NEVADA, IOWA – 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 revenues for state and local taxing bodies and $67 million in lease payments to landowners. Demand for renewables is expected to increase in the coming years. That’s good news for rural communities that collect property taxes on wind energy systems wit...
HUD Makes $75 Million in Funding Available to Tribal Communities for Community Development
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 Block Grant (ICDBG) Program. Grant funds may be used for infrastructure, community facilities, housing rehabilitation, public services, economic development, and more to support Native American and Alaskan Native families on Indian rese...
To Inform and Engage Residents Across Miami in Climate Resilience, Knight Foundation Invests in Two Local Groups
Miami, FL - Knight Foundation announced new investments in two leading, Miami-based climate-science organizations, Miami Waterkeeper and the Everglades Foundation. This funding will support the growth and impact of both organizations and expand their capacity to inform residents and accelerate community participation in the development of climate resilience solutions. Miami is a city uniquely vulnerable to rising sea levels and climate change due to its geographical location and porous limes...
Biden-Harris Administration Opens First Round of $85 Million Competitive Grant Program to Fund Digital Construction Technologies That Save Time and Money
New Bipartisan Infrastructure Law program will help accelerate project delivery WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced that the application period is open for the first year of a new, $85 million grant program under President Biden’s Bipartisan Infrastructure Law. The Advanced Digital Construction Management Systems (ADCMS) grant program will focus on digital construction, such as computer modeling and 3D design, to en...
Missouri S&T drives workforce development with $1.3 million MoDOT agreement
ROLLA, Mo. – For the past two-plus decades, Missouri University of Science and Technology has administered Missouri’s Local Technical Assistance Program (LTAP), and the university is set to remain in the driver’s seat moving forward thanks to a new agreement. The Missouri Department of Transportation recently awarded S&T a contract for almost $1.3 million to run the program, which the state agency funds in collaboration with the U.S. Department of Transportation’s Federal Highway Administrati...