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Record agency loan guarantee would fund upgrade of 61 hydroelectric plants that generate 3.8 GW of energy.

The vote was delayed for more than a month, which the team says will push back the project's completion from 2028 to 2029.

Selected awardees plan to develop solar and battery storage projects at multi-family housing and health care facilities.

The key trends of 2024 will persist into 2025: Material price stabilization, labor shortages, growth in digital infrastructure and renewable energy construction, with 2-6% average cost escalations.

Construction executives report a boost in industry confidence on ENR’s latest Construction Industry Confidence Index survey. The index rose to a 55 rating this quarter, up from 47 in Q3.

While the Federal Reserve finally began to cut interest rates in the second half of the year, overall construction growth was modest in 2024, according to Dodge Construction Network.

Louisiana LNG production plant near Lake Charles, now being developed by Woodside Energy Group, is said to be a $27B complex if it is built to five-train capacity. 

The world’s busiest bus hub is overdue for a replacement.

First engineers group-sponsored conference aims to boost links between AEC infrastructure managers and finance sector leaders. 

Intel will use the funding for its commercial semiconductor manufacturing and packaging projects under construction in Arizona, New Mexico, Ohio and Oregon.