Industries

Moody's Investors Service lowered the Miami-Dade County Expressway Authority’s ratings to A2 from A1 in response to state legislation.

The Austin City Council voted Thursday to issue $470 million in debt to purchase an East Texas biomass power plant that has only one customer, the city itself.

Fitch Ratings cut the Miami-Dade County Expressway Authority’s bonds to A-minus from A after lawmakers passed a bill to cut tolls and dissolve the authority.

The port's initiative is a credit-positive approach to the risk of online attacks, according to Moody's Investors Service.

Issuers of the Clean Energy Bonds would have the option of offering the bond as a tax credit bond, or as a direct-pay bond, where the Treasury Department reimburses the bond issuer at a rate of up to 70% of the interest cost, according to a summary of the bill.

The Pennsylvania Turnpike Commission won a lawsuit by truckers over tolling, but still faces questions about how it will manage its $11.8 billion debt load.

S&P lowered the Miami-Dade County Expressway Authority’s bonds and assigned a negative outlook. State lawmakers proceeded to pass a bill abolishing the authority.

As the company moves to exit Chapter 11, it wants Ohio and Pennsylvania to force ratepayers to subsidize its unprofitable nuclear power plants.

The Fed Chair said the FOMC is “comfortable with our current policy stance,” which he termed “appropriate.”

The sale of a city-owned broadband provider in Burlington, Vermont, concluded a tumultuous decade-long financial crisis that underscored the challenges of local governments trying to execute municipally run enterprises that compete against the private sector.

Mini-bond investors were damaged by the South Carolina-owned utility’s disclosure omissions, according to the suit.

The last day of the month brings a host of economic indicators, which showed much good news for housing and labor, strong consumer confidence, but mostly softer manufacturing conditions.

The Miami-Dade County Expressway Authority’s bond rating is being pressured by pending legislation usurping the agency’s power, Moody's says.

The funding and design-build contracts signed Thursday will advance the state’s largest-ever transportation project.

Just when we thought levels could not go lower, here we are just a few basis points off the March lows in yield.

A bill restructuring a local expressway authority would order tolls to be lowered by 25%, threatening future road projects.

The layout of Los Angeles means the concept wouldn't work as proposed in Manhattan, Eric Garcetti said in New York.

The agreement represents the culmination of decades-long negotiations between Idaho, Oregon, and Idaho Power.

The biggest news in the world of public-private partnerships (P3s) last year had nothing to do with toll roads — the most visible way governments team up companies. Instead, the most expensive infrastructure deals were projects to build a car-rental facility and a small tram at Los Angeles International Airport.

The firm hired Michael Barnes in Philadelphia and Andrew Maher in Pittsburgh.