Public-private partnership

Massive transit projects have funding momentum, and traditional road and bridge projects are advancing as well despite political opposition and some shaky funding.

The legislation, which passed the House last week, comes as the state nears a key 2026 decarbonization deadline.

The Uinta Basin railway is asking the DOT to authorize up to $2 billion of PABs for the project, which would move oil to market from northeast Utah.

The Australian toll road operator couldn't agree on terms with the state for the first phase of the project, which has been dogged by controversy and delays from the start.

After a brisk 2021 that saw a record number of P3 deals reach financial close, last year slowed to only 16 closings, according to Husch Blackwell's sixth annual P3 trends report.

The legislation would allow the New Mexico Finance Authority to issue revenue bonds for transportation and broadband projects.

Terminal 6 is the fourth big terminal project at New York City's international airport that will create a "modernized global gateway," said Gov. Kathy Hochul.

The award to the South Terminal's private operator comes as Austin plans to demolish the facility as part of an expansion project to accommodate increased airport traffic.

The lawsuit comes as higher education energy concessions have become one of the most active spaces in the P3 market.

Attorney general William Tong gave the legal stamp of approval to a high profile public-private partnership that came under fire for cost overruns.

The contract is for 10 years.

Critics say there are problems with part of the team because of a conflict of interest and a lack of experience.

The county close a private partner as it seeks to establish microgrid districts with the goal of promoting economic development and achieving climate change goals.

If the USVI closes the deal, it would mark only the second long-term lease of a U.S.-based airport, after Puerto Rico's Luis Munoz Marin International Airport.

Inflation is a chief risk to public officials eager to launch new projects, but it's a boon for infrastructure investors, who view the asset class as a natural hedge.

Gov. Bill Lee announced plans that would allow the use of public-private-partnerships for transportation infrastructure redevelopment in December.

Arkansas, Louisiana, and Oklahoma will submit an application to the U.S. Department of Energy for their HALO Hub, which involves public-private partnerships.

The borrowing, which will be backed by availability payments, will finance the first six of the state's nine-span Major Bridges P3 program.

Entering into long-term leases for toll lanes in urban areas would free up transportation dollars for rural areas, said Gov. Bill Lee.

Incoming Gov. Wes Moore's political support for Hogan's signature project is uncertain.