U.S. Department of Transportation Launches Infrastructure For Rebuilding America (INFRA) Grant Program, Announces New Funding Opportunities
WASHINGTON - The Department of Transportation (DOT) is announcing the Infrastructure for Rebuilding America (INFRA) discretionary grant program through a Notice of Funding Opportunity (NOFO) in the Federal Register today. The INFRA program will make approximately $1.5 billion available to projects that are in line with the Administration’s principles to help rebuild America’s crumbling infrastructure — a priority for this Administration. In addition to providing direct federal funding, the INFR...
iCON Infrastructure Closes New €1.2 Billion Fund
iCON Infrastructure is pleased to announce the first and final closing of a new €1.2 billion fund, iCON Infrastructure Partners IV, L.P. (“iCON IV"). iCON IV’s single close at its €1.2 billion hard cap comes just three months after commencing fundraising and reflects strong support for iCON’s investment strategy and recognition of the firm’s track record of outperformance and value creation. iCON IV was significantly oversubscribed, having received considerable demand above its initial €1.0 b...
Federal Airport Construction Program Funding Only Meeting 50% of Identified Needs, New Analysis Finds
WASHINGTON - A new analysis of Federal Aviation Administration (FAA) data finds that current airport construction funding levels are only half of what is necessary to make safety improvements and help reduce runway congestion. The analysis, conducted by American Road & Transportation Builders Association (ARTBA) Chief Economist Dr. Alison Premo Black, comes as the U.S. House and Senate are expected to debate legislation to reauthorize the FAA and the nation’s aviation programs. The FAA...
Kentucky Agency Distributes $24.9M for Congestion Mitigation, Transportation Alternatives
Gov. Matt Bevin approved $24.9 million in local awards from two federal programs administered through the Kentucky Transportation Cabinet – one for congestion mitigation and air quality projects and the other for projects that provide transportation alternatives to traditional on-road motor vehicle travel. "These funds allow investments to be made in local infrastructure that increases connectivity and serves diverse populations, such as the non-driving and disabled communities," Bevin said....
U.S. Department of Transportation Announces $106.95 Million Loan to the Colorado High Performance Transportation Enterprise for the C-470 Express Lanes Project
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 a $106.95 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the Colorado High Performance Transportation Enterprise (HPTE) at 2.81% with a term of 35 years after substantial completion to finance the completion of the C-470 Express Lanes Project (the Project). The C-470 is a 26-mile highway that run...
U.S. Department of Transportation Announces $99.6 Million Loan to the City of Bellevue, Washington for the Belred Street Network Project
WASHINGTON – U.S. Transportation Secretary Elaine L. Chao today announced that the Department of Transportation’s Build America Bureau (Bureau) will provide a $99.6 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan to the City of Bellevue, Washington, at 2.86% with a term of 35 years after substantial completion to finance the completion of the BelRed Street Network Project (the Project). The City of Bellevue is developing the Project, a combination of 12 multimoda...
Department of Energy Advances $32 Million in Funding for Advanced Technologies
WASHINGTON, D.C. – The U.S. Department of Energy (DOE) today announced up to $32 million in funding for 16 projects as part of two new Advanced Research Projects Agency-Energy (ARPA-E) programs: ENergy-efficient Light-wave Integrated Technology Enabling Networks that Enhance Datacenters (ENLITENED) and Power Nitride Doping Innovation Offers Devices Enabling SWITCHES (PNDIODES). “The ENLITENED and PNDIODES programs demonstrate ARPA-E’s unique approach to advancing the development of energy tec...
Oklahoma Legislature Cuts DOT Budget Less Than Planned
The Oklahoma Department of Transportation will have to absorb a spending cut of more than $150 million as a result of the Legislature's budget actions, but ODOT Executive Director Mike Patterson said that cut is about $100 million less than lawmakers had initially proposed. Legislators tapped the ODOT funding to help close a projected $878 million deficit in the state's overall budget for the fiscal year that begins July 1. Patterson told the state Transportation Commission June 5 that his...
Sunnova Raises nearly $1 Billion Based on Strength of Business Approach
HOUSTON, June 13, 2017 — Sunnova Energy Corporation, a leading residential solar service provider in the U.S., announced today it has raised aggregate capital of nearly $1 billion in the past three months after closing a $140 million round of debt funding with CIT Group and other investors this past week. The amount raised in such a short amount of time, all while increasing customers' and investors' faith in the business, is further proof that Sunnova's innovative approach is driving solar i...
Commerce Awards $1.7 Million EDA Grant for Virgin Islands Transportation Hub
The U.S. Commerce Department's Economic Development Administration awarded a $1.7 million grant to support a Virgin Islands seaplane facility that it said is a major inter-island transportation hub. The money will help the Port Authority of Charlotte Amalie in St. Thomas make shoreline stabilization improvements to the Christiansted Water Gut Seaplane Facility. The EDA said that according to grantee estimates, the project is expected to retain 42 jobs and generate $1.9 million in private i...
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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