Finance

RSS

In a major boost for railroad infrastructure, the Federal Railroad Administration is awarding $2.4 billion in grants to 122 rail projects that aim to improve rail safety, resilience and efficiency.

Many of the grants will go toward electrification plans for port infrastructure and vehicles.

The funds will go toward efforts at 125 airports, with most of the projects located at or around terminals and related facilities.

New York state judge rules that contractor fraudulently induced developer's bankruptcy over big Bahamas resort project.

The utility company proposed new tariffs on data centers to help it pay for infrastructure amid "unprecedented" demand.

Funds are earmarked for 42 projects in as many states and D.C., with an added $28 million set for award to 15 states to expand and train the U.S. green building workforce.

Officials selected 14 projects for $428 million in grants.

The ABI is an indicator of nonresidential construction work to follow in nine months to a year, according to the American Institute of Architects.

DOT awarded 44 grants after receiving 200 applications.

Form Energy will expand its just completed scaled-up iron-air system factory in West Virginia, also announcing $1.2 billion in firm investments and plans to deploy batteries at commercial scale, with Mortenson as contractor for the first project in Minnesota.