Infrastructure Investment
Downsized Local News Accelerates Infrastructure Decline
The Facts - A UCLA and Duke University study found detailed local journalism about infrastructure increases voter support for additional infrastructure investment. Undetailed reporting, such as from understaffed newsrooms or AI-generated stories, resulted in lower support for infrastructure spending. Voters are more willing to hold local politicians accountable for infrastructure neglect when provided with specific […]
Biden Admin updates on infrastructure investments
The Facts - President Biden's administration has announced 56,000 infrastructure projects and awards. A new program, Safe Streets and Roads For All, aims to reduce reckless driving in local municipalities. A $40,000,000 federal grant has been touted to redevelop Milwaukee's 6th Street and National Avenue Interchange. President Biden's Infrastructure Initiatives: Addressing the Nation's Needs President […]
Intl Assets Investment Mgmt LLC Acquires HASI New Holdings
The Facts - International Assets Investment Management LLC acquired 101,908 shares of Hannon Armstrong Sustainable Infrastructure Capital, Inc. worth around $2,811,000. Hannon Armstrong Sustainable Infrastructure Capital declared a quarterly dividend of $0.415 per share, representing a $1.66 annualized dividend and a yield of 5.17%. The company's shares opened at $32.10, with a 1-year low of […]
Microsoft's $3.3B Investment in Wisconsin for Cloud, AI Infrastructures
The Facts - Microsoft plans to invest $3.3 billion in AI infrastructure and skilling initiatives in Southeast Wisconsin, aiming to make it a hub for AI-powered economic activity. The investment includes building a state-of-the-art data center, launching a manufacturing-focused AI co-innovation lab, and partnering with local institutions for AI skilling initiatives. Microsoft will also invest […]
Microsoft invests $3.3bn to boost AI infrastructure
The Facts - Microsoft is investing $3.3 billion in Wisconsin to enhance AI and cloud infrastructure and establish AI co-innovation lab. CEO Satya Nadella emphasized Microsoft's commitment to democratizing AI to spur economic growth worldwide. Vice Chair and President Brad Smith stated that the investment will focus on advanced AI, training programs and will impact […]
Biden advisor promotes infrastructure at Upstate homecoming
The Facts - Tom Perez, White House director of intergovernmental affairs, toured projects funded by the federal infrastructure law in Syracuse and Buffalo. Local leaders claim projects such as the I-81 viaduct and Kensington Expressway have contributed to racial inequity and poverty in their communities. Perez emphasized equity and listening to communities, promising a fair […]
RI Secures $60.1M for Public Transit from Infrastructure Law
The Facts - Rhode Island is allocated $60,105,548 federal transit funding for improvements in 2024. This includes a $4.2 million boost for the Rhode Island Public Transit Agency (RIPTA). The funding will assist in modernizing, maintaining, and operating public transportation systems. Rhode Island Secures Massive Federal Transit Funding for 2024 PROVIDENCE, RI — U.S. Senators […]
Australia's No.2 Pension Fund Targets UK Infra, Private Markets
The Facts - The Australian Retirement Trust (ART) has expanded its operations to London, enhancing its global investment capabilities. ART's move aligns with its significant international presence, with 40% of its assets located outside Australia. The London office will focus on direct investments primarily in infrastructure, real estate, and private equity. The Australian Retirement Trust […]
EPA Invests $80M+ in North Dakota Water Infrastructure Upgrades
The Facts - The U.S. EPA has granted over $80 million for water infrastructure upgrades in North Dakota. An additional $28.6 million was awarded to the North Dakota’s State Revolving Fund (SRF) Program. The funds are part of the Infrastructure Investment and Jobs Act, supporting water quality initiatives. EPA Announces $80 Million for North Dakota […]
EGLE Director Lauds Marquette's Water Infrastructure Investments
The Facts - A $12.5 million loan supported upgrades to the Marquette Area Wastewater Treatment Facility. The facility serves various townships and treats on average 3.2 million gallons of waste per day. Since 2019, Michigan has invested over $4 billion in water infrastructure, creating 15 jobs per $1 million. Michigan Celebrates Wastewater Treatment Facility Improvements […]
