Infrastructure

State Farm agreed to a three-year sponsorship deal with Pennsylvania in the first agreement under the P3 law Gov. Tom Corbett signed in 2012.

Guaranteed availability payments are becoming more attractive to private investors in infrastructure P3s than volatile toll or fare revenues.

The Minneapolis-St. Paul Metropolitan Airports Commission heads into the market Wednesday with a $275 million subordinate general airport revenue refunding with no near-term new-money borrowing in sight.

Robert Thompson of New York City Transit and Joan Nyron of the Pratt Center for Community Development will discuss bus rapid transit at the New York Transit Museum on Sept. 10.

San Antonio voters will get to decide the future of light rail next May in a charter election approved by the City Council.

The consortium fronted by Sweden's Skanska that is building the $2.3 billion Interstate 4 project in central Florida says it has reached financial close on the concession and loans.

New federal banking regulations will further constrain already struggling infrastructure finance, transportation advocates warned.

As funding declines for road services, North Carolina has decided to allow private sponsors to pay for programs in return for advertising benefits.

Texas voters will decide in November on a constitutional amendment that could boost state highway spending by $1.7 billion a year.

Puerto Rico is doubling fares on its Tren Urbano rail line in San Juan to prop up the finances of the transit system.