Forbright Bank Provides Financing to Two Solar Parks in Puerto Rico
Forbright’s lead financing helps support the goal of transitioning 40% of the island’s energy to renewable sources by 2025 CHEVY CHASE, MD -- Forbright Bank, a nationwide full-service bank that is helping accelerate the transition to a clean energy economy, has successfully raised and syndicated debt facilities for Infinigen Renewables, a subsidiary of ArcLight Energy Partners Fund VII, L.P., (together with its affiliates, "ArcLight"). Infinigen owns and operates two solar parks in Pu...
Superior Construction Wins Two FDOT Projects Worth a Combined $112.5M
Contracts include I-4 interchange repairs near Orlando, improvements to I-295 and U.S. 17 in Northeast Florida JACKSONVILLE, Fla. — Superior Construction, an American family-owned infrastructure contractor, has won two Florida Department of Transportation (FDOT) contracts worth approximately $112.5 million. The heavy civil contractor was awarded FDOT’s project to complete much-need improvements to the I-295 and U.S. 17 Interchange, as well as a contract to improve the I-4 and Daryl Carter Pa...
Port Funds Bicycle, Pedestrian Infrastructure Projects
Community Grants Program concept papers due in January The Port of Long Beach is accepting concept papers for bicycling and pedestrian infrastructure projects that qualify for funding under its award-winning Community Grants Program. The award-winning Community Grants Program is a more than $46 million effort to fund projects that help those in the community who are most vulnerable to port-related environmental impacts. These projects are expanding asthma services, controlling stormwater r...
U.S. Department of Transportation Providing the U.S. Forest Service $5.2 Million in ‘Quick Release’ Emergency Relief Funding to Repair Hurricane Fiona Damage in Puerto Rico’s El Yunque National Forest
WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced the immediate availability of $5.2 million in “quick release” Emergency Relief funds for use by the U.S. Department of Agriculture’s Forest Service as a down payment to offset costs of repair work needed as the result of Hurricane Fiona heavy rain damage in Puerto Rico’s El Yunque National Forest. Today’s funding announcement is in addition to the $8 million in “quick release” Emergency...
Crowley, JAXPORT Awarded Grant to Make Terminal More Sustainable
(JACKSONVILLE, Fla.) – Crowley and the Port of Jacksonville, Fla. (JAXPORT), have been awarded a federal grant that will support a $14.6 million project to reduce emissions and add electric-power equipment at Crowley’s terminal. The U.S. Department of Transportation and the Maritime Administration (MARAD) awarded the grant under the Port Infrastructure Development Program. The funding will pay 50 percent of the cost, with Crowley matching 50 percent through JAXPORT’s initiative, named JAXPOR...
AASHTO Issues Salary Survey, HR Metrics Reports
The American Association of State Highway and Transportation Officials recently issued two new publications: a survey of transportation industry salaries, along with a first-ever state department of transportation-focused human resource metrics report. [Above photo by AASHTO] The annual AASHTO Salary Survey provides job classifications and salary information on positions currently used by the transportation industry. Image by AASHTO The 2021 AASHTO Salary Survey contains 89 matched title...
U.S. Department of Transportation Providing Florida $50 Million in ‘Quick Release’ Emergency Relief Funding to Repair Damage Caused by Hurricane Ian
WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced the immediate availability of $50 million in “quick release” Emergency Relief (ER) funds for use by the Florida Department of Transportation (FDOT) as a down payment to offset costs of repair work for damage caused by Hurricane Ian earlier this month. “Today we’re making available $50 million in emergency funds to help Florida repair roads and bridges after the devastation of Hurricane I...
Bentley Systems to Announce Third Quarter 2022 Operating Results; Presenting at Upcoming Investor Conferences
EXTON, Pa. – October 18, 2022 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, announced today the date for the release of its third quarter 2022 operating results and its presentations at upcoming investor conferences. Third Quarter 2022 Operating Results Bentley Systems will release third quarter 2022 operating results, before the market opens, on Tuesday, November 8, 2022. A live Zoom video webinar of the event can be accessed at 8:15 a.m....
Biden-Harris Administration Announces $600 Million from Bipartisan Infrastructure Law to Replace Aging Railcars Across the Nation
WASHINGTON –The Federal Transit Administration (FTA) announced today it will provide $600 million this year from the Bipartisan Infrastructure Law to replace aging railcars, improving reliability, safety, and accessibility on the nation’s rail transit systems. Eligible transit agencies and states can apply through the Notice of Funding Opportunity for the FY 2022 and FY 2023 Rail Vehicle Replacement Program for funds to replace vehicles on subway systems, commuter rail and light rail systems. ...
DFI Educational Trust Announces Generous Donation from Pile Dynamics, Inc. (PDI)
Hawthorne, N.J.: The Deep Foundations Institute (DFI) Educational Trust, the charitable arm of DFI, announces that Pile Dynamics, Inc. (PDI) has donated $50,000 to its Goble Rausche Likins Scholarship Fund in honor of the company’s 50th anniversary. PDI President George Piscsalko presented the check to DFI Educational Trust Chair Rudy Frizzi, P.E., G.E., D. GE, of LANGAN, during the Awards Reception and banquet at DFI’s 47th Annual Conference on Deep Foundations in National Harbor, Maryland,...