Caitlin Devitt has covered the municipal bond market since 2008. She began her journalism career at the Herald Newspapers on the South Side of Chicago, starting as a reporter and rising to Managing Editor. While at The Bond Buyer, she covered the Detroit bankruptcy among other Midwest-based stories. Devitt joined Debtwire Municipals in 2016, where she covered the high-yield municipal bond market for five years, before returning to the Bond Buyer as Senior Infrastructure Reporter. She lives in Chicago with her family.
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Utilities, and the local governments and states that house data centers, are wrestling with policy questions about who should cover the costs of the projected spikes in water and electricity demand.
September 16 -
Infrastructure like vertiports may be financed with municipal bonds.
September 15 -
With an insolvent Highway Trust Fund, toll revenue and PABs are increasingly important for transportation financing, lobbyists said.
September 11 -
The hire comes as more BAM clients are considering public-private partnership financing structures.
September 8 -
The Trump administration's immigration policies are "undermining the country's ability to build infrastructure and construction programs," the Associated General Contractors of America said.
September 5 -
"We are expecting a lot of interest in the offering next week," said Geoff Urbina, managing director, KeyBanc Capital Markets Public Finance.
September 4 -
The bill enjoys the support of local government and public utility groups.
September 3 -
"Another set of eyes helps improve the deal for everybody, including the borrower, because the borrower is going to want a successful venture too," said John Miller, head and chief investment officer of First Eagle's municipal credit team.
September 2 -
Data center projects, which are proliferating across the country, are taking advantage of tax breaks that can be costly for states and local governments.
September 2 -
Transit expert and former MTA head "Train Daddy" Andy Byford is in charge of the $7 billion renovation.
August 28 -
The memo, which was sent to members of Congress, recommends a second round of reconciliation that would include the repeal of the municipal bond "tax exclusion."
August 26 -
Revenue generated by the bureau's 10 managed lane projects is, on average, exceeding original projections by 63%.
August 25 -
Just 10 nonprofit environmental groups were responsible for 35% of all the NEPA lawsuits analyzed by the Breakthrough Institute in a new report.
August 21 -
It's the latest attack on one of the nation's largest infrastructure projects that has long been the focus of Republican ire.
August 20 -
"American money is there, we just have to make it feel welcome," said board member Francis Sacr, former executive director of the Gateway Development Commission.
August 19 -
The state is expected to pursue a TIFIA loan instead of toll revenue bonds.
August 18 -
The president's authority to withhold already appropriated federal funds has been the focus of dozens of lawsuits, including from cities and states.
August 14 -
The grants allow governments to scan their transportation assets for potential public-private partnerships.
August 14 -
Through June 30, BAM insured 11 transactions with par of $100 million or more, with four more deals coming since then, the company said.
August 13 -
A flagship program under the Infrastructure Investment and Jobs Act, the EV charging station initiative was slow to take off despite $5 billion of federal funds.
August 12
