Infrastructure Investment
PLAs and CWAs Support Infrastructure Investment
TL/DR - The Biden administration's infrastructure laws, including the Infrastructure Investment and Jobs Act (IIJA), the CHIPS and Science Act, and the Inflation Reduction Act, promise to boost the economy, create numerous high-quality jobs, and invest billions in the country's infrastructure. The administration is encouraging the use of Project Labor Agreements (PLAs) and Community Workforce […]
Three Unions (IBEW, IUOE, LIUNA) Sign Historic Solar Agreement
TL/DR - The leaders of the International Brotherhood of Electrical Workers, Laborers International Union of North America, and International Union of Operating Engineers have signed a national tri-trade solar agreement aiding the construction of utility-scale solar projects. The agreement streamlines the process for bringing such projects onto the grid, and outlines each union's responsibilities, thus […]
Construction Jobs Rise Post Two-Year Infrastructure Law
TL/DR - The Bipartisan Infrastructure Law, signed by President Biden two years ago, has led to significant investments in various sectors, including transportation infrastructure, electric grid modernization, high-speed internet access, pollution clean-up, and clean energy economy build-up. The law has already supported hundreds of thousands of jobs, predominantly in construction and manufacturing, with the construction […]
Moulton Discusses Immigration, Infrastructure, Foreign Policy
TL/DR - U.S. Representative Seth Moulton expressed the need for immigration reform, infrastructure investment, and praised the Biden administration's efforts during a forum attended by local business leaders. He emphasized the necessity of securing the border and reforming pathways to citizenship, and criticized the insufficient past investment in infrastructure, especially in schools. Moulton also addressed […]
TPG Appoints Scott Lebovitz for Infrastructure Investments
TL/DR - Goldman Sachs' Scott Lebovitz, a partner and global co-head of infrastructure, is set to join TPG Inc. as a partner later this year. Lebovitz will lead the development of TPG's Rise Climate transition infrastructure business, a new initiative targeting investments in decarbonization-related infrastructure and real assets. TPG Rise Climate is part of the […]
$47M Investment Enables 3,000+ New Affordable Housing Units
TL/DR - The Washington State Department of Commerce has announced $47 million in funding for infrastructure improvements to support 43 construction projects, which will provide over 3,000 units of affordable housing across the state. The state is projected to require 1.1 million new housing units over the next 20 years, and these grants aim to […]
Global Posture Policy Director discusses infrastructure plans at APS-2 site
TL/DR - Dorothy Ohl, the director of Global Posture Policy from the Office of the Secretary of Defense, recently visited the Coleman Army Prepositioned Stocks-2 (APS-2) worksite in Mannheim, Germany. She was briefed on the future infrastructure plans and the reasoning behind the investment in the site. Discussions also revolved around the strategic importance of […]
NJ DOI considers $500m StepStone infrastructure account
TL/DR - The New Jersey Division of Investment is planning to establish a $500m separate account with the StepStone Group, focusing on investments in infrastructure and energy transition sectors. The pension fund may also seek partnerships, secondary investments, and selective primary funds, primarily in North America, with potential expansion to the UK, Western Europe, Asia, […]
'Normal Resident' Heads to White House for Infrastructure Investment
TL/DR - Community leader Mike Matejka has accepted an invitation to attend the “Communities in Action: Building a better Illinois and Indiana Summit" at the White House, where he will discuss the impact of the Biden-Harris Administration's investments on their community. Matejka and McLean County officials have detailed how the current administration's investments have boosted […]
