3 world-renowned experts join School of Project Management
New Project Management head appointed at Sydney Global experts in project leadership, management and resilience have joined the University of Sydney’s School of Project Management. The University of Sydney has appointed project leadership expert Professor Jennifer Whyte as the Head of School of Project Management and the Director of the John Grill Institute for Project Leadership. She is joined by eminent sociologist, management and organisation theorist, Professor Stewart Clegg, and ris...
U.S. Department of Transportation Announces $5 Million Award to Launch New National Transit Workforce Center
International Transportation Learning Center (ITLC) in Silver Spring, Maryland Will Help Transit Agencies Nationwide Recruit and Train Workers in this Vital Sector WASHINGTON – The U.S. Department of Transportation's Federal Transit Administration (FTA) today announced the award of a cooperative agreement totaling $5 million to the International Transportation Learning Center (ITLC) to support the first Transit Workforce Center (TWC). Based in Silver Spring, Maryland, ITLC will serve as FTA’s...
Transportation Infrastructure Investment Generates $200 Billion in Economic Activity and 700,000 Jobs Annually for California
WASHINGTON — Federal, state, and local infrastructure funding yields nearly $200 billion in economic activity in California and creates 700,000 jobs each year for the Golden State, according to a new report from the American Road & Transportation Builders Association (ARTBA). In the next 10 years, government investments in California’s transportation infrastructure will grow from $40.4 billion in 2021 to $52.6 billion in 2030. That means that every $1 spent on infrastructure in California cr...
New £7m consortium funded to boost research on urban spaces and tackling health inequalities
Queen’s University Belfast, University of Edinburgh and University of Liverpool have been awarded over £7.1 million from the UK Prevention Research Partnership (UKPRP) as part of a consortium to investigate the impact that nature can have in helping to prevent and reduce health inequalities in urban areas. The Consortium, ‘GroundsWell: Community-engaged and Data-informed Systems Transformation of Urban Green and Blue Space for Population Health’ will explore how transforming cities with natu...
IFC and Banco Sabadell finance X-Elio with US$44.1 million to build photovoltaic plant in Mexico
Ciudad de México, México. July 26, 2021. The International Finance Corporation (IFC), a member of the World Bank Group, and Banco Sabadell closed a US$44.1 million financing agreement with X-Elio, global company specialized in renewable and sustainable energy, to build a photovoltaic plant in Mexico The funding obtained through this agreement will be used for the construction, operation and management of the Perote II solar photovoltaic plant, with a capacity of 119 MW, located in the mu...
Corporate Funding into Battery Storage, Smart Grid, and Efficiency Companies Increased to $10.4 Billion in 1H 2021, Reports Mercom Capital Group
Funding into Battery Storage and Smart Grid companies was up in the first half of 2021 Austin, Texas - Mercom Capital Group, LLC, a global clean energy communications and consulting firm, released its report on funding and mergers and acquisitions (M&A) activity for the global Battery Storage, Smart Grid, and Energy Efficiency sectors for the second quarter (Q2) and first half (1H) of 2021. To get a copy of the report, visit: https://mercomcapital.com/product/1h-q2-2021-funding-ma-repo...
FHWA Accepting Applications for Accelerated Innovative Deployment Grants
WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced that up to $10 million in grants will be made available through a Notice of Funding Opportunity (NOFO) for FHWA’s Accelerated Innovation Deployment (AID) Demonstration Program. The funds are used to promote the deployment of proven innovations that can deliver road and bridge projects more cost-effectively among state, local and Tribal governments. “Using innovative tools and technique...
Skanska divests remaining ownership in Bank of America Tower in Houston, USA, for approximately USD 24M, about SEK 200M
Skanska has sold their remaining 10 percent ownership stake in Bank of America Tower in Houston, Texas, USA, for approximately USD 24M, about SEK 200M, to an affiliate of Beacon Capital Partners. The transaction will be recorded by Skanska USA Commercial Development in the third quarter 2021. The transfer of ownership of the property is also expected to occur in the third quarter 2021. The divestment follows Skanska sale of its majority interest in 2019 to an affiliate of Beacon Capital Par...
New York Issues $110M To Support Local Transportation
Roughly $110 million in funding from the Federal Highway Administration’s Transportation Alternatives Program and the Congestion Mitigation and Air Quality Improvement Program aims to support community-based transportation investments across New York – strengthening the “cultural, aesthetic, and environmental aspects” of local and regional transportation systems, while promoting safety and mobility. [Above photo via the New York Governor’s Office] The New York State Department of Trans...
Texas DOT To Distribute $89M In Transit Funding
With help from federal COVID-19 relief funding, the Texas Transportation Commission recently approved $89 million to support rural and urban transit services in more than 96 percent of the state’s land area, serving 41 percent of the state’s population. [Above photo by Texas Transit Association] That funding – comprised of $35 million in state funds and $54 million in federal funds – includes $10 million from the federal American Rescue Plan to help transit agencies statewide continue...