The New York Transportation Development Corporation's $4.55 billion green bond issuance for the JFK International Airport Terminal One redevelopment represents the largest single-asset project financing in U.S. history. This innovative P3 deal includes sustainability commitments, such as a LEED Silver certification, solar arrays, and an 11.34 megawatt microgrid. This financing not only attracted diverse investors but also demonstrated how large-scale infrastructure projects can be funded sustainably. The Terminal One project sets a new standard for environmentally focused airport developments and showcases the transformative potential of public-private partnerships in the Northeast.
Deal of the Year 2024: NY Transportation Development Corp. / JFK Terminal One (Northeast)
December 15, 2025 2:27 PM