Infrastructure Investment
Investors Seek Opportunities in Underground Infrastructure
TL/DR - Despite a downturn in mergers and acquisitions (M&A) across sectors last year, the underground trenchless infrastructure industry continues to attract investor interest, primarily due to legislative incentives such as the Inflation Reduction Act and the Chips and Science Act. Opportunities abound in businesses focusing on repair, maintenance, replacement, and services like closed-circuit television […]
AFL-CIO Lauds Biden for Supporting Steelworkers, US Manufacturing
TL/DR - President Biden has called on U.S. Steel Corp. to remain American-owned and operated, a move supported by the AFL-CIO union federation. The President promised to back steelworkers and is using his Investing in America agenda to revitalize American manufacturing, focusing on building infrastructure and products domestically. Biden's stance is that ideas conceived in […]
Future US Water Infrastructure Projects
TL/DR - Water infrastructure includes all man-made and natural features that move and treat water. The U.S. Congress has allocated $55 billion for such projects via the Infrastructure Investment and Jobs Act (IIJA), the largest single investment in water infrastructure in the country's history. Examples of upcoming projects include a $4 billion reservoir in California, […]
California requires diverse transport infrastructure funding - Capitol Weekly
TL/DR - The Infrastructure Investment and Jobs Act (IIJA) passed in 2021 and the 2017 Senate Bill 1 have led to significant investments in California's often neglected transportation system, including public transportation, mass transit, and other infrastructure projects. However, some argue that traditional infrastructure spending, such as upgrades to local streets and highways, increases vehicle […]
Federal Funds to Launch New Colorado Rail Services
TL/DR - The Bipartisan Infrastructure Investment and Jobs Act is providing federal funding for new passenger rail services in Colorado. The proposed Front Range Passenger Rail service will connect Pueblo to Fort Collins, using the same tracks as the unfinished FasTracks route. This project, endorsed by Governor Polis and Senate President Steve Fenberg, is expected […]
Australia Govt to increase Southeast Asia investment
TL/DR - The Australian government has announced a 2 billion Australian Dollar (A$) Southeast Asia Investing Financing Facility (SEAIFF) among other measures to strengthen trade and investment relationships with Southeast Asia. Managed by Export Finance Australia (EFA), the SEAIFF will provide loans, guarantees, equity and insurance for energy transition and infrastructure projects in Southeast Asia. […]
Illinois Teachers Commits $250m to Stonepeak Fund
TL/DR - Illinois Teachers' Retirement System has committed $250m to Stonepeak Infrastructure Fund V, which aims to raise $15bn to invest in 12-15 North American companies across sectors such as energy transition, transportation, logistics, and communications. The deal expands the existing partnership between the pension fund and Stonepeak, which already manages $130m of the fund's […]
Saunders: Under Biden, Workers Gain Unprecedented Power in Decades
TL/DR - AFSCME President Lee Saunders lauded President Joe Biden ahead of his third State of the Union address, praising his investments in the public service sector and his support for workers' rights. Saunders highlighted Biden's efforts to lower costs for working families, control prescription drug prices, expand healthcare coverage, forgive student debt, and invest […]
Investing in a Strong Workforce for Emerging Sectors
TL/DR - Governors Andy Beshear of Kentucky and Mark Gordon of Wyoming led an Economic Development and Revitalization Task Force meeting discussing the workforce needs and opportunities emerging from federal investments under various Acts. They were joined by panelists such as U.S. Secretary of Commerce Gina Raimondo and other industry leaders who discussed the importance […]
Liz Shuler, AFL-CIO President, to Attend State of Union with Rep. Pocan
TL/DR - AFL-CIO President Liz Shuler will attend President Biden’s State of the Union address on March 7, expecting Biden to continue his pro-union stance, furthering workers' rights and their living conditions. Congressman Mark Pocan hopes Biden will advance legislation that benefits all workers, pointing to previous policies such as the Infrastructure Law, the CHIPS […]
