Finance - Articles - Page 65 | Engineering News-Record

Federal Funding

Congress Votes to Avert Shutdown, Adds $29B for Post-Disaster Rebuilds

Biden signs measure into law, hours before deadline

Tom Ichniowski

September 30, 2021

No Comments

Stopgap spending bill extends through Dec. 3.

Clean Energy Construction

NJ Utility PSEG Adds Hundreds of Millions in New Infrastructure Spend

Mary B. Powers

September 30, 2021

No Comments

Giant power provider's investment in grid clean energy and modernization now nears $17 billion through 2025, its CEO told investors on Sept. 29. Ralph Izzo supports Democrats' controversial Clean Electricity Performance Program, contained in the pending $3.5T reconciliation bill.

Swinerton Exec Named to Lead Its PE-Acquired Renewables Spinoff

Debra K. Rubin

September 29, 2021

No Comments

George Hershman, to be CEO of new construction business, also is a board member of solar sector trade group opposing possible U.S. tariffs on Chinese firm-made components imported from three Asian countries.

Clean Energy Construction

Offshore Wind Projects Move Forward in Northeast, California

Mary B. Powers

September 26, 2021

No Comments

Massachusetts gains new proposals in third bid round for 1,600 MW of added capacity, while state's first project closes on $2.3B of construction finance and feds expand development off New York.

P3 Transportation

PennDOT Narrows Search for P3 Partner to Manage Big Bridge Rehab Effort

Jim Parsons

September 22, 2021

No Comments

Three teams are shortlisted to submit proposals to design, build, operate and maintain major existing non-tolled interstate bridges under 20- to 30-year concession agreements.

Federal Funding

House Bill Has Continuing Resolution, $29B for Disaster Relief, but No Highway Stopgap

Tom Ichniowski

September 21, 2021

No Comments

Package also would suspend debt limit, drawing heavy GOP opposition.

P3 Projects

Maryland Extends Purple Line Contractor Search

Jim Parsons

September 15, 2021

No Comments

State allows three short-listed design-build teams more time to finish due diligence, extending selection until February for long delayed $2B light rail line.

Companies

Power Contractor Quanta Boosts Renewables Push With $2.4B Purchase

Debra K. Rubin

Scott Van Voorhis

September 9, 2021

No Comments

Utility construction giant is set to wrap acquisition of family-owned clean energy EPC sector leader Blattner Co. in Q4; STV deal to buy consulting firm CP&Y will close Sept. 30

Viewpoint: Infrastructure Bill Needs to Boost the Worker Pipeline

Lisa Guzman, Carpenters' Union Local 58

September 8, 2021

No Comments

Carpenter apprentice Lisa Guzman, and others, say U.S. must enact funding legislation amendment to insure career success for those long underrepresented in skilled-trades—before workforce gaps grow larger.