Climeon’s Partly-Owned Company Baseload Capital Issues Green Bond of SEK 500 Million
Baseload Capital, an investment company which Climeon owns 15.7 percent of, has issued its first green bond. In total, SEK 500 million is issued to finance low temperature geothermal heat power. Baseload Capital has issued a green bond under their green bond framework. The bond is the first one in Sweden focused on low temperature geothermal heat power. In total, SEK 500 million is issued to finance geothermal power plants globally. The signatories consist of Nordic institutional investors....
Investment Potential in the Stockholm Region: €111 Billion
The planned construction projects within the Stockholm region show a total investment volume of €111 billion until the year 2040. According to Invest Stockholm’s report released today, the largest investment share is in housing, with an investment volume of €60,7 billion, followed by infrastructure investments in railway, subway and lightrail, with an investment volume of €9,6 billion. The sum of planned investments in the Stockholm region is estimated to €111 billion. This is a steady increa...
Clean and Green: Duke Energy Issues Second Green Bond
CHARLOTTE, N.C.- Duke Energy Progress, a subsidiary of Duke Energy (NYSE: DUK), has completed its first issuance of $600 million in green bonds that will finance eligible green energy projects, including the development, construction and procurement of solar generation in the Carolinas. This transaction, which involved two minority-owned banks to place the bonds, marks the second green bond transaction by a Duke Energy utility. Duke Energy Carolinas issued $1 billion of green bonds in Novemb...
State Transportation Funding Legislation Ramping Up in 2019
More information at www.transportationinvestment.org (WASHINGTON) – Legislators in 37 states have introduced 185 bills aimed at boosting transportation investment in the first two months of 2019, a new analysis finds. This number is higher than the amount of legislation the American Road & Transportation Builders Association’s Transportation Investment Advocacy Center (ARTBA-TIAC) tracked over the same time period last year and is projected to grow as additional measures are introduced throug...
State Approves Funding For Hale County Airport
PLAINVIEW—The Texas Transportation Commission approved approximately $500,000 for the Hale County Airport during their regular scheduled February meeting. The funds will be used as reimbursement for the acquisition of a hangar. The project is being funded through the city of Plainview, Hale County and the Texas Department of Transportation’s (TxDOT) Aviation Facilities Grant Program, which preserves and improves the state’s general aviation system, including the Hale County Airport. This y...
Boosting New Jersey Water Infrastructure Capital Investments Would Provide 3:1 Economic Return, New Analysis Finds
Report available at www.artba.org (WASHINGTON) – An additional $1 billion annual investment dedicated to improving New Jersey’s drinking water, wastewater and stormwater systems would generate $3 billion in economic benefits and support nearly 14,000 jobs, according to a new analysis conducted by the American Road & Transportation Builders Association (ARTBA). Current spending on the networks that supply clean drinking water, treat wastewater, and drain stormwater is estimated to average a...
U.S. Department of Transportation Announces $605 Million Loan for Houston’s Grand Parkway Project
WASHINGTON – U.S. Secretary of Transportation Elaine L. Chao today announced that the U.S. Department of Transportation’s Build America Bureau will provide up to a $605 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Grand Parkway Transportation Corporation (GPTC) in Houston. The loan is for the Grand Parkway Project’s H & I Segments. “This government investment of $605 million will help regional and local agencies develop the infrastructure that best me...
Minnesota Governor Proposes Fuel Tax Hike as Part of Transportation Funding Plan
Gov. Tim Walz (D) is proposing to phase in a 20-cent increase in Minnesota’s fuel tax over the next two years and index that tax to inflation as part of his overall state budget proposal unveiled on Feb. 19. [Above photo via the Minnesota Governor’s Office.] “Minnesota’s transportation system is aging and struggling to keep up with the demands of our growing population,” he noted in the fact sheet accompanying the release of his proposed budget. “The Minnesota Department...
Ohio Governor Advocates for 18-Cent Fuel Tax Hike
Gov. Mike DeWine (R) is calling for an 18-cent-per-gallon increase in Ohio’s fuel tax as part of his first transportation budget; an increase expected to raise an estimated $1.2 billion a year for state transportation needs, including $480 million for local government projects, according to news reports. [Above photo via the Ohio Governor’s Office.] The Governor’s office added that the fuel tax hike would take effect July 1 and will be tied to the consumer price index each year starting in...
Connecticut Governor Looks to Tolls, Transportation ‘Debt Diet’ to Balance Budget
Gov. Ned Lamont (D) (seen above) is seeking to reduce transportation spending in the near-term in order to help balance Connecticut’s budget via a “debt diet,” while implementing new tolls on both cars and commercial trucks to rebuild funding levels to support future infrastructure investments. According to fiscal year 2020-2021 budget details issued by the governor’s office on Feb. 20, that “debt diet” would scale back annual bond authorizations from the $1.59 billion averaged between 2012 a...
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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