Finance

RSS

But state regulator declined Dec. 30 to developer request to cancel its power supply contracts on $3.7B Commonwealth project as inflation takes toll on costs, while N.J. ratepayer watchdog asks state to reduce its offshore wind development pace.

Interest rates, labor and supply issues could push U.S. into a recession in the coming year.

Update: Biden signs one-week stopgap to keep government operating while lawmakers hammer out an omnibus package. 

Barton Malow has been building the projects for Ultium Cells, the joint venture of General Motors and LG Energy Solution. 

Two TIFIA loans are expected to help Virginia finance its $2.7-billion program to modernize its stretch of Interstate 81.

A separate program, coming later, will apply to Northeast Corridor projects.

The training would include guidance on leveraging government spending packages like the Infrastructure Investment and Jobs Act.