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Loans will go to rural electric utilities and co-ops to expand electric grid infrastructure and beef up security, said USDA.

But even with emerging cost risks, New York's latest wind procurement that seeks up to 4.6 GW attracted a record 100 proposals from six wind developers, including one that awarded Skanska USA on Feb. 7 a CM contract for a planned $250M assembly hub at a Brooklyn marine terminal.

Construction input prices fell in December at a greater rate than the Producer Price Index, but still outpaced the wholesale level marker of inflation for the year.

Veteran Missouri lawmaker Sam Graves takes the transportation and Infrastructure panel gavel

Profits from the geotech contracting giant's Australia business may have been inflated by as much as $20 million since 2019.

Awards are the first of the IIJA bridge program's large project grants to go out.

Form Energy plant on former W. Va. steel site would scale up novel approach to make batteries that can store intermittent energy longer, firm says, promising to "build strong relationships" with labor unions during construction.

The passenger rail route between Boston and Washington D.C. is the busiest in the U.S. and continues to grow in ridership.

The grants went to projects in 12 states. U.S. DOT says it received applications totaling more than $10 billion, far more than the approximately $300 million it had available.

UPDATE: Interim chair of key federal regulator of energy, power infrastructure is named Jan. 3, but agency still has a 2-2 partisan split that could hamper project decisions until new Senate hearings confirm a permanent leader.