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Home » Topics » Business » Finance

Finance
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Global construction spending and investment trends; project finance; public-private partnerships; bankruptcy and default; insurance and surety bonding

ARTICLES

Infrastructure_Act_Rollout_780_ENRwebready.jpg
Airport Infrastructure

FAA Awards $970M for Airport Terminal Projects

Tom Ichniowski
Tom Ichniowski
October 25, 2024
No Comments

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


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ENR_10.22.24_BahaMar_Lawsuit.jpg

Judge: China Construction Owes Baha Mar Developer $1.6B

Contractor's actions were intended to cause a liquidity crisis for the developer, the judge ruled
Scott Judy
Scott Judy
October 24, 2024
No Comments

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


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AEP_Ohio_transmission_line_ENRweb.jpg
Energy

Utility Firm AEP Ohio, Data Centers Disagree on Payments for Infrastructure Costs

James-Leggate.jpg
James Leggate
October 24, 2024
No Comments

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


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Devon generatingfstation. Conn ELEVATERENEWABLES-.jpg
Clean Energy Construction

Feds Award $3.5B to Expand and Bolster U.S. Electric Grid

Johanna Knapschaefer
Johanna Knapschaefer
Debra K. Rubin
Debra K. Rubin
October 24, 2024
No Comments

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 US green buiilding workforce.





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Materials

Projects Targeting Concrete Embodied Carbon Win Federal Grants

James-Leggate.jpg
James Leggate
October 23, 2024
No Comments

Officials selected 14 projects for $428 million in grants.



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Economics

Architecture Billings Index Shows Decline for 20th Consecutive Month

James-Leggate.jpg
James Leggate
October 23, 2024
No Comments

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


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Infrastructure Act

US DOT Awards $4.2B in 'Mega,' INFRA Grants

Tom Ichniowski
Tom Ichniowski
October 21, 2024
No Comments

DOT awarded 44 grants after receiving 200 applications.


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FormEnegy factory  Feb construction.jpg

Long Duration Battery Storage Developer Hits Milestones on Projects, Fund-Raising

Johanna Knapschaefer
Johanna Knapschaefer
Debra K. Rubin
Debra K. Rubin
October 20, 2024
No Comments

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. 


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2024 Elections

Campaign Contributions Pour Out from Construction Groups, Unions

Industry groups remain engaged as November election approaches
Tom Ichniowski
Tom Ichniowski
James-Leggate.jpg
James Leggate
October 18, 2024
No Comments

ABC, AGC, ACEC contributions already top totals for the full 2020 election cycle, while labor union spending is steady or slightly up from past elections.



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Manufacturing

Wolfspeed to Advance Two Semiconductor Plants With $750M in Federal Funding

James-Leggate.jpg
James Leggate
October 15, 2024
No Comments

The semiconductor producer is building a wafer plant in North Carolina and plans to expand a fab in New York.


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More Articles Tagged with 'Finance'
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