Infrastructure Investment
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 […]
Vilsack, Texas Rural Funders discuss infrastructure in rural Texas
TL/DR - U.S. Agriculture Secretary Tom Vilsack met with Texas Rural Funders (TRF) to discuss the deployment of U.S. Department of Agriculture (USDA) investments and resources to rural Texas, with a focus on underserved communities. The USDA offers programs and investments for rural families, small towns, farms, and small businesses in Texas, which has the […]
Montana BOI backs EQT's core infrastructure fund
TL/DR - The Montana Board of Investments (BOI) has approved a €100m commitment to EQT's core infrastructure fund. The investment draws from various pools, including a €50m commitment from the Consolidated Pension Pool and €35m from the Trust Funds Investor Pool. The fund is designed to focus on core infrastructure companies at the low end […]
Doug Emhoff to Spotlight Minnesota's Infrastructure Investments
TL/DR - Second Gentleman Doug Emhoff is set to visit Minnesota as part of the Biden-Harris administration's Investing in America Tour, highlighting the administration's commitment to infrastructure enhancement, particularly at the St. Paul International Airport. The Biden-Harris administration's strategy includes modernizing transportation hubs and stimulating economic growth across various sectors. Emhoff's presence also underscores the […]
