Scaling up for 2021: AW-Energy seeking growth capital to deliver its first scheduled commercial wave energy projects with its certified technology
Finland: AW-Energy Oy (AWE), the Finnish global leading wave energy technology company, is using corporate finance advisory firm Fredericks Michael & Co. in New York to identify and approach potential strategic partners and investors for additional growth capital needs in support of the commercial WaveRoller® deliveries scheduled in 2021. With projects in US, Europe and Asia, AWE expect to see rapid growth for its technology as governments, operators and energy policy strive for cleaner and...
U.S. Department of Transportation Announces $130 Million in Grants for Nationwide Projects to Expand Advanced, Efficient Bus Technologies
WASHINGTON – The U.S. Department of Transportation’s (USDOT) Federal Transit Administration (FTA) today announced approximately $130 million in grant selections through the Low- or No-Emission (Low-No) Grant program, which funds the deployment of transit buses and infrastructure for the purchase or lease of zero-emission and low-emission transit buses and supporting facilities. In this competition, FTA focused on the introduction of new technology not commonly found within U.S. transit systems...
USDOT Announces $891 Million for 12 Transit Infrastructure Projects Across America
WASHINGTON – The Trump Administration today announced a total of $891 million in federal funding will be provided by the U.S. Department of Transportation’s Federal Transit Administration (FTA) to 12 transit infrastructure projects. The allocations of funding across the country will be used to advance the readiness of projects for a construction grant agreement or a Full Funding Grant Agreement (FFGA). Funding is provided through FTA’s Capital Investment Grants (CIG) Program. FTA is allocatin...
U.S. Department of Transportation Announces $5 Million Funding Opportunity for Tribal Transit Projects Nationwide
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced the availability of $5 million in Fiscal Year 2020 competitive grant funding to support transit services for American Indian tribes and Alaska Native villages in rural areas. FTA’s Tribal Transit Program is authorized by Congress to support public transportation for federally recognized Indian tribes and Alaska Native villages, groups, or communities, as well as to meet the needs of older...
U.S. Department of Transportation Announces $1.25 Million in Funding Available for Real-Time Transit Infrastructure and Rolling Stock Condition Assessment Demonstration Program
WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced the availability of $1.25 million in funding to demonstrate and evaluate innovative technologies and designs to improve the state of good repair for transit agencies. The competitive grant funds are provided through the Public Transportation Innovation Program. A Notice of Funding Opportunity (NOFO) appears in the Federal Register. The Public Transportation Innovation Program authorizes F...
USDOT Announces $302.6 Million in ‘State of Good Repair’ Grants
WASHINGTON – The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today announced the recipients of more than $302 million in grant funds under the Federal-State Partnership for State of Good Repair Program (Partnership Program) to help repair and rehabilitate railroad infrastructure across the country. The grants will fund 12 projects in nine states. “This $302.6 million federal investment will upgrade rail infrastructure and enhance safety on the tracks and at railr...
Oklahoma Turnpike Authority Receives $120M Build America Loan
The U.S. Department of Transportation’s Build America Bureau is providing up to a $120.1 million Transportation Infrastructure Finance and Innovation Act or TIFIA loan to the Oklahoma Turnpike Authority to help finance the Gilcrease Expressway West project. [Above photo by the Ohio Turnpike Authority.] That project consists of a five-mile four-lane divided tollway that includes 22 bridges – two of which span the Arkansas River – four major interchanges, and a 10-foot-wide multi-use trail....
U.S. Department of Transportation Announces up to a $120.1 Million Loan for the Gilcrease Expressway West Project in Tulsa, OK
WASHINGTON – U.S. Transportation Secretary Elaine L. Chao today announced that the U.S. Department of Transportation’s Build America Bureau (the Bureau) will provide up to a $120.1 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Oklahoma Turnpike Authority (OTA) to help finance the Gilcrease Expressway West Project in Oklahoma. “This $120.1 million federal investment in the Gilcrease Expressway reflects the President’s continued emphasis on infrastructure...
U.S. Secretary of Energy Dan Brouillette Announces $3,844,215 for Small Business Research and Development Grants in Colorado
WASHINGTON, D.C. –U.S. Secretary of Energy Dan Brouillette today announced that the Department of Energy (DOE) will award 256 grants totaling $53 million to 211 small businesses in 35 states and the District of Columbia. These awards include 18 in Colorado totaling $3,844,215. Funded through DOE’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, today’s selections are for Phase I research and development. “A cornerstone of the American economy,...
Hill International Continues Work as Leader of International Consortium for Infrastructure Projects in the Western Balkans
PHILADELPHIA and BELGRADE, Serbia - Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has signed a contract extending the budget of its ongoing assignment providing technical assistance services to the European Investment Bank (EIB) for the implementation of the Infrastructure Project Facility 7 (IPF7) in the Western Balkans. In 2018, Hill began leading a consortium of international companies in the implementation of the IPF7, financed by...
Video: New Roundabout Under Construction at McIver and Old Florence Roads in Darlington County
Promenade at The Point
June Issue 2026
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