PSE&G’s Customers Experience Fewer Outages Today, Demonstrating $4.8 Billion Investments Enhance Resiliency and Improve Reliability NEWARK, N.J. , June 9, 2022 — Public Service Electric and Gas, New Jersey’s largest utility,…
SHANGHAI – China issued guidelines on Wednesday to expand infrastructure investment by channelling more private capital into existing projects. China will further promote the development of real estate investment trusts…
By David Shepardson WASHINGTON – The White House and philanthropic agencies are working to make it easier for smaller cities and counties to apply for funding under a $1 trillion…
(Reuters) – Telus Corp said on Tuesday it would invest $17 billion in network infrastructure, operations and spectrum across Canada’s Alberta over the next four years as the telecoms company…
By David Shepardson WASHINGTON – The White House on Monday said it has released $110 billion in funding from the $1 trillion infrastructure package that seeks to fix crumbling roads,…
(Reuters) – Facebook parent, Meta Platforms Inc, and chip maker AMD on Wednesday said they were partnering for a mobile internet infrastructure program that would bring base station costs down…
By Pamela Barbaglia LONDON – JPMorgan has elevated two senior bankers in its financial institutions group (FIG) to global co-heads of market infrastructure as it seeks to bolster its sprawling…
By Andrea Shalal WASHINGTON – U.S. Treasury Secretary Janet Yellen urged the World Bank and other multilateral development lenders to accelerate infrastructure investments in emerging market countries as part of…
BEIJING – China will step up infrastructure construction to boost domestic demand and drive economic growth going forward, state TV reported on Tuesday, citing a top economics meeting chaired by…
(Reuters) – A missile struck infrastructure in the Ukrainian port city of Odesa on Saturday, the local authorities said in an online statement without giving further details. “Odesa was hit…
By Leah Douglas (Reuters) – The U.S. Department of Agriculture will put $420 million of funds from the Bipartisan Infrastructure Law towards rehabilitating dams, preventing floods, and restoring watersheds in…
By Saeed Azhar DUBAI – BlackRock Inc, the world’s biggest money manager, is seeking more infrastructure deals in Saudi Arabia and the Gulf region and is also looking to invest…
WASHINGTON – The Department of Justice unsealed two indictments today charging four defendants, all Russian nationals who worked for the Russian government, with attempting,…
By David Shepardson WASHINGTON – The White House will announce on Wednesday a funding opportunity of $2.9 billion earmarked by the Transportation Department for major infrastructure projects this year, as…
By Andres Gonzalez and Isla Binnie MADRID – Apollo Infrastructure, a unit of investment firm Apollo Global Management Inc, has agreed to buy a stake in Spanish road freight operator…
MOSCOW – Ukrainian energy firm Naftogas said on Thursday that the country’s energy infrastructure has not been the subject of systemic shelling and the “situation is under control” following Russia’s…
WASHINGTON – The Biden administration is looking for projects to revamp U.S. ports as it ramps up spending from the $1 trillion infrastructure bill. President Joe Biden, facing political pressure…
BRASILIA – Brazil’s government sees private investments of 78 billion reais ($15 billion) in infrastructure this year, up 95% from 2021, the economy ministry forecast, supporting its expectations that economic…
– Canada’s Brookfield Asset Management Inc is looking to raise $25 billion for its fifth flagship infrastructure fund, Bloomberg News reported on Friday. Brookfield has already started marketing the fund…
By Andy Sullivan – Erie, Pennsylvania could use a facelift. The lakefront city of 100,000 has been adding jobs and businesses downtown, but it remains saddled with vestiges of its…
By Andrea Shalal WASHINGTON – China’s development banks provided $23 billion in financing for infrastructure projects in sub-Saharan Africa from 2007 to 2020, more than double the amount lent by…
By Simon Jessop LONDON – NextEnergy Capital said on Monday it had raised a record $896 million for its NextPower III ESG fund, focused on solar infrastructure investments in OECD…
By David Shepardson WASHINGTON – The U.S. Transportation Department on Friday said it was opening a $1.5 billion grant program for a wide range of infrastructure projects. In November, the…
By Kevin Yao BEIJING – China is counting on revived infrastructure spending to support its slowing economy, but controls over local government debt risks and falling investment returns could hamper…
Lawmakers are working to fix cryptocurrency tax reporting requirements included in the bipartisan infrastructure bill. The Infrastructure Investment And Jobs Act signed into law by President Joe Biden on Monday contains…