On March 2, SH 130 Concession Co. LLC—the private entity that designed and built and now operates and maintains Segments 5 and 6 of SH 130, a 41-mile portion of the total 91-mile roadway—filed for Chapter 11 protection in the Western District of Texas.
The Spanish renewable-energy giant Abengoa, which applied for preliminary creditor protection in November, is laying off staff and halting some operations, a company spokeswoman tells ENR.
The Export-Import Bank of China is in the final stages of striking a deal with two real estate magnates to complete construction of the stalled, $3.5-billion Baha Mar Resort project in the Bahamas.