Meridiam closes transaction to increase ownership in New York’s LaGuardia Airport Terminal B
NEW YORK — Meridiam, a leading sustainable infrastructure investor and asset manager, has successfully closed its acquisition of an additional c.16% ownership of LaGuardia Gateway Partners LLC in New York. LaGuardia Gateway Partners is responsible for the investment, development, and operation of the reconstructed Terminal B at LaGuardia Airport, completed in July 2022, as part of a public-private partnership with the Port Authority of New York and New Jersey. Meridiam now holds a c.48% stake...
Decarbonization Technology Market to Reach US$4 Trillion by 2032 as Investments Climb and Renewable Energy Infrastructure Costs Fall
The industrial sector is one of the highest contributors to global emissions. Reducing emissions in the sector presents one of the most significant challenges to worldwide decarbonization and reaching net-zero emissions by 2050. As the global economy grows and demand for industrial products (such as steel and cement) increases, industrials are looking to introduce decarbonization technologies to support emissions reduction efforts. According to global intelligence firm ABI Research, the decarbon...
Interstate Bridge Replacement program awarded $600 million in USDOT Mega Grant Program funding
Federal support demonstrates multimodal Interstate Bridge replacement is national priority VANCOUVER, WASH. – Today it was announced that the Interstate Bridge Replacement program has been awarded $600 million in U.S. Department of Transportation Mega Program funding. Funds from this federal grant will help construct the multimodal program to replace the Interstate Bridge and associated corridor improvements. The Interstate Bridge over the Columbia River connects Oregon and Washington o...
$5 trillion in nature-related global economic risks will amplify climate change - Oxford study
“Nature is not the elephant in the room, it’s the huge green scorpion running towards us” – Dr Nicola Ranger, lead author of Oxford study Erosion of natural capital linked with biodiversity loss and environmental degradation generates significant and long-term risks to society, the economy and finance, including Value at Risk from loss of pollinators to agriculture of over $400 billion and risks to global supply chains from water stress and pollution of more than $5 trillion. We urgen...
U.S. Department of Transportation Announces $3 Million in ‘Quick Release’ Emergency Relief Funding to Repair I-10 near Downtown Los Angeles
WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced the immediate availability of $3 million in “quick release” Emergency Relief (ER) funds for use by the California Department of Transportation (Caltrans) to offset costs of emergency repair work on a section of Interstate 10 near downtown Los Angeles damaged by a fire that took place under the interstate and resulted in a closure in both directions. “This segment of I-10 is a vital corri...
Biden-Harris Administration Announces $34 Million in Grants to 10 States for Advanced Digital Construction Technologies That Save Time and Money
New Bipartisan Infrastructure Law program makes transportation projects easier to deliver WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced the award of $34 million in grants to 10 projects in 10 states under the Advanced Digital Construction Management Systems (ADCMS) grant program. The grants will help promote digital construction, such as computer modeling and 3D design, and state-of-the-art practices to accelerate project deliv...
Port Secures Major Federal Transportation Grant
$52.6 million award will fund critical portion of Pier B On-Dock Rail Support Facility U.S. Department of Transportation officials on Thursday announced a $52.6 million grant to modernize critical on-dock rail capabilities and improve several key roadways aimed at speeding the flow of cargo through the Port of Long Beach. As part of the agency’s Maritime Administration’s Port Infrastructure Development Program, the grant will fund the addition of a track along the Dominguez Channel Railroa...
Siemens to invest more than US$500 million in U.S. manufacturing for critical infrastructure in 2023
Total U.S. investments to support high-growth markets like data centers, batteries, semiconductors, EV charging and rail transportation New US$150 million investment in Dallas-Fort Worth production of critical electrical infrastructure equipment to help power U.S. data centers and accelerate adoption of artificial intelligence (AI) Already announced: US$220 million rail manufacturing plant to bolster U.S. infrastructure and mobility All investments to create a total of around 1,70...
ACEC Launches National Ad Campaign Urging Congress to Fix the R&D Tax
Washington, DC –This week, the American Council of Engineering Companies (ACEC) launched a national ad campaign urging Congress to repeal the 5-year amortization mandate of research and development (R&D) expenses before the end of the year. The six-figure ad buy will run nationally on cable and streaming platforms, with additional television and radio ads running in Washington, D.C. throughout November. Without urgent action from Congress, many engineering firms are facing crushing tax bil...
USDOT Opens $40 Million Grant Opportunity for Connected Vehicle Technologies That Will Help Save Lives on Our Nation’s Roadways
Funding to accelerate and spur new deployments of vehicle-to-everything (V2X) technologies WASHINGTON-The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today announced that it is accepting applications under the $40 million Saving Lives with Connectivity: Accelerating V2X Deployment grant opportunity to advance connected and interoperable vehicle technologies. The initiative is focused on road safety, mobility, and efficiency through technology that enable...
Video: Crashes Drop Measurably After Rural Road Safety Improvement Project on US 521 in Lancaster County
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June Issue 2026
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