DOE Disburses $59M for Advanced Vehicle Projects
The U.S. Department of Energy awarded 43 advanced vehicle technology research projects a combined total of $59 million in funding on August 16; projects focused on developing lithium-metal solid state batteries, new materials and designs for advanced electric motors, and the combination of new powertrain materials with new combustion regimes to significantly improve fuel economy. Under Secretary of Energy Mark Menezes noted in a statement that the “ultimate goals” of those projects – which ar...
U.S. Transportation Secretary Elaine L. Chao Announces $272 Million in ‘State of Good Repair’ Program Grants 10 projects in 10 states to receive funding
WASHINGTON – The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today announced more than $272 million in grant funding to 10 rail projects in 10 states. Funding is provided through FRA’s Federal-State Partnership for State of Good Repair Program (SOGR Program) and will help to repair and rehabilitate railroad infrastructure around the country. “This Administration is committed to investing in the enhancement and safe operation of our country's passenger rail networ...
$22 million available through November 12 in Rural Transit Funds
More than $22.3 million in funding is available through Nov. 12 from the Idaho Transportation Department’s Public Transportation (ITD-PT) office for rural transit service providers in Idaho. Local government authorities, public agencies or private nonprofit organizations, and operators of public transportation that receive funding indirectly through an eligible recipient are eligible to apply.. Every two years, ITD-PT makes funding available for operating and capital projects to support ru...
Missouri Creates $50M Transportation Cost-Share Program
A new “cost-share” program created by the Missouri General Assembly this year provides $50 million to the Missouri Department of Transportation and the Missouri Department of Economic Development to build “partnerships” with local entities in support of local road and bridge projects. [Above photo by the Missouri DOT] The Governor’s Transportation Cost-Share Program provides financial assistance to public and private applicants for public road and bridge projects, matching up to 50 percent...
U.S. Department of Transportation Awards $32.8 Million to Selected Projects Nationwide to Improve Passenger Ferry Service
WASHINGTON, DC – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced approximately $32.8 million in project selections to improve the safety and reliability of America’s passenger ferries and enhance mobility for ferry users across the United States. A total of nine projects in nine states will receive funding from FTA’s Passenger Ferry Grant Program. "These federal grants invest in marine infrastructure to improve mobility and enhance safety for passe...
FAA Awards Another Round of Airport Infrastructure Grants
The Federal Aviation Administration awarded $478 million in airport infrastructure grants on July 31 to 232 airports in 43 states, including American Samoa, the Northern Mariana Islands, and Puerto Rico – monies that come from a total of $3.18 billion allotted to the Airport Improvement Program, which provides grant funding to “selected projects” including runway reconstruction and rehabilitation, construction of firefighting facilities, and the maintenance of taxiways, aprons, and terminals....
Georgia Department of Transportation Awards $173 Million in Construction Contracts
ATLANTA — The Georgia Department of Transportation awarded 54 construction contracts for statewide transportation projects totaling $173,927,084, the agency announced in a news release. Officials with GDOT said the projects included in the award were advertised on May 24, bids were received on June 21 and contracts were awarded to the lowest qualified bidders on July 8. Several projects will have an impact on southwest Georgia roadways. The largest single-investment contrac...
Lazard Tops GlobalData’s Top 10 Global M&A Financial Adviser League Table in Power Sector for H1 2019
Lazard has topped the latest mergers and acquisitions (M&A) league table of the top 10 financial advisers for the power sector based on deal value in the first half (H1) of 2019, according to GlobalData, a leading data and analytics company. The financial advisory and asset management firm advised on five deals worth US$7.1bn, including the big ticket deal of Infrastructure Investments Fund’s acquisition of El Paso Electric for US$4.3bn. According to GlobalData, which tracks all M&A, priva...
U.S. Department of Transportation Announces $85 Million in Grants for Projects Nationwide to Expand Advanced Bus Technologies
WASHINGTON – The U.S. Department of Transportation’s (USDOT) Federal Transit Administration (FTA) today announced $84.9 million in grant selections through the Low- or No-Emission (Low-No) Grant program, which funds the deployment of transit buses and infrastructure that use advanced propulsion technologies. Thirty-eight projects in 38 states will each receive funding through the program. "These grants will help communities nationwide bring the next generation of bus technology to enhance the...
USDOT Event Highlights State DOT INFRA Grants
The U.S. Department of Transportation officially awarded nearly $856 million worth of Infrastructure for Rebuilding America or INFRA grants to fund 20 projects across the country during a special event at its Washington, D.C. headquarters on July 25 – with 12 state departments of transportation winning grants for a variety of highway, railroad, and bridge replacement undertakings. [Above photo left to right: Melinda McGrath, executive director, Mississippi Department of Transportation; Patric...
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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