A proposal to raise the federal statutory cap on private activity bonds or PABs and making changes to the Transportation Infrastructure Finance and Innovation Act or TIFIA funding program are the focus of two new pieces of legislation co-sponsored by Sen.…
Bill Revived to Eliminate Electric Vehicle Subsidy, Impose Alternative Fuel Vehicle Fee
Sen. John Barrasso, R-Wyo., and Rep. Jason Smith, R-Mo., re-introduced a bill on Feb. 6 that Sen. Barrasso initially proffered last October in the waning…
House Transportation & Infrastructure Committee Hears Pitch to Raise Gas Tax
By John Schneidawind, vice president of public affairs, ARTBA If the experience of newly elected Minnesota Gov. Tim Walz (D) is any indication, campaigning…
EIB Approves EUR 4.8 Billion of Transport, Business, Urban and Energy Financing and Meets with Civil Society Organisations
EUR 2.3 billion of new financing for business investment across Europe and Africa EUR 1 billion for electric vehicles, upgrading international rail links and urban transport 120 NGO and civil society representatives joined the EIB to discuss EU Bank priorities…
U.S. Department of Transportation Announces More than $60 Million in Funding for Leading Transportation Research
WASHINGTON – The U.S. Department of Transportation (USDOT) today announced more than $60 million in funding for 32 University Transportation Centers (UTCs) around the country. UTCs are comprised of groups of universities seeking solutions to national, regional…
KETOS Secures Funding to Revolutionize Water Infrastructure and Safety
SAN FRANCISCO, CALIF. – February 5, 2019 – KETOS, a water intelligence innovator, today announced it has closed a $9 million Series A round of financing from a powerful collection of traditional venture capitalists, impact investors and industry leaders.…
HART Receives $1 Million from the FDOT Resilience Program for Infrastructure Improvements
The Hillsborough Area Regional Transit Authority has announced that it was awarded $1 million in state funding from the Florida Department of Transportation's Resilience Program that will be used to repair infrastructure damaged at the HART Operations Facility…
Augustine, Mineta Stress Need for More Highway Funding
The interstate highway system will become increasingly unreliable and congested – plus costlier to operate, maintain, and repair – if new funding sources are not located and the commitment between the states and federal government is not “re-strengthened.”…
E.ON Achieves Successful Commercial Operation and Tax Equity Financing for Stella Wind Farm
CHICAGO- E.ON announced today the successful completion and tax equity financing of its 201 megawatt (MW) Stella wind farm in Kenedy County, Texas. Allianz Capital Partners of America on behalf of Allianz insurance companies provided tax equity financing…
Missouri’s Governor Puts $351M Worth of Bridge Spending in 2020 Budget
Governor Michael Parson (R) highlighted what he called several “long-term investments” in Missouri’s transportation infrastructure during his first “State of the State Address” on Jan. 16. [Above photo by Missouri DOT.] The biggest piece of that…
