Infrastructure

A lease agreement between Newark, New Jersey, and the Port Authority of New York and New Jersey will help fund debt service for the pipe replacements.

Assured Guaranty and two other bond insurers recently petitioned the Supreme Court to review an appellate court ruling involving the Puerto Rico Highways and Transportation Authority’s special revenue bonds.

The $125 million deal is the first piece of a five-year plan to sell $1.3 billion of Garvees.

Hawaii moves ahead on plans to construct a new college football stadium amid concerns about declining attendance at college games.

The Port Authority of New York and New Jersey’s increased its long-range capital plan by about $5 billion to $37 billion, while raising tolls, rents and fees.

One of the nation's top P3 partners sees more opportunity in states where it has existing relationships with transportation agencies.

It marked the fifth dispersal from a Federal Aviation Administration program that will provide $3.18 billion for airport improvements.

A novel approach is necessary, former Housing and Urban Development secretary Heny Cisneros said at the Rhode Island Infrastructure Bank's summit in Providence.

The capital plan's unknowns include its effect on the New York Metropolitan Transportation Authority's debt levels and rating agency perceptions.

Michigan Gov. Gretchen Whitmer, a Democrat, called the budgets approved by GOP lawmakers on Tuesday "a mess."