March 14, 2025

infrastructure

Funds

Healey’s $8 billion transportation plan relies on potentially unreliable federal funds

The fate of the Bay State’s $8 billion plan to turn the MBTA around and shore up transportation infrastructure depends somewhat on the federal government choosing not to be “foolish” or “dumb” when it comes to allocating federal highway grants, according to the governor. Healey was in Somerville on Thursday to tour the MBTA Boston

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Funds

A New Report On Climate Investments Has Important Insights

More, please! getty The CREO Syndicate, a large investor group with scores of family office and foundation members, released a very useful report summary today with tons of interesting data about private investments into climate solutions. My team at Spring Lane Capital co-founded CREO when we were still at a family office some years back,

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Funds

Norway’s $4bn development fund seeks Asia co-investment deals | Alternatives

Norfund, Norway’s $4 billion development fund, is seeking allocations to long-term infrastructure and other sectors in the Asia Pacific, as it positions itself as an attractive co-investor for sovereign, institutional and private sector capital. “Public funding is a scarce resource, so the more we work with private markets, the more we can achieve. And we

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Investment

Political leaders join roundtable with Illinois Soybean Association to discuss investment in rural communities | Local News

Congresswoman Robin Kelly (IL-02) joined a roundtable hosted by the Illinois Soybean Association (ISA) at the Gilbert Street Cafe that focused on strategies for increasing and sustaining investment in rural communities throughout the U.S. The roundtable featured three more key stakeholders dedicated to rural advancement: Bryan Severs, local farmer and ISA Director; JT Barnhart, OSF

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Loans

South Africa’s Transnet Gets $1B Loan for Recovery and Growth

  Transet, the operator of South Africa’s beleaguered ports and rail network got a strong vote of confidence from the African Development Bank Group as it looks to move forward with a five-year modernization and growth of its operations. Last week, the bank which was established 60 years ago by the African nations to support

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Finance

HSBC launches new climate-focused infrastructure finance unit

By Simon Jessop and Tommy Reggiori Wilkes LONDON (Reuters) – Britain’s HSBC has set up a new unit to tap deals in infrastructure finance and project finance linked to the world’s shift to a lower-carbon economy, and hired a former UK politician to lead it, a senior banking executive told Reuters. HSBC Infrastructure Finance (HIF)

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Investment

Conditions on Simandou investment now satisfied

LONDON, July 15, 2024–(BUSINESS WIRE)–All conditions have now been satisfied for Rio Tinto’s investment to develop the Simandou high-grade iron ore deposit in Guinea, including the completion of necessary Guinean and Chinese regulatory approvals. The transaction is expected to complete during the week of 15 July 2024. Along with the recent approval by the Board

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Loans

DANR announces grants and loans for Northeast South Dakota water, wastewater projects | Local News

The South Dakota Department of Agriculture and Natural Resources announced the Board of Water and Natural Resources has approved nearly $210 million in grants and loans for drinking water and wastewater projects in northeast South Dakota. These awards are part of more than $1.1 billion in statewide awards approved by the board. The $210 million

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Investment

America’s largest investment in federal public lands is coming | Environmental news | Lewiston Tribune

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Funds

ADEM allocated over $1 billion in federal, state funds for updated infrastructure

In 2022, lawmakers approved $225 million of Alabama’s share of the federal American Rescue Plan Act to address drinking water and sewer needs. In 2023, an additional $400 million.  The remaining money comes from the Alabama Department of Environmental Management allocating funds from the Bipartisan Infrastructure Law and the State Revolving Fund to bring the

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