The U.S. Department of Energy (DOE) has announced the cancellation of a conditional loan agreement for the Grain Belt Express Phase One project. The project, which was slated for a $4.9 billion loan, would create a high-voltage power line from Kansas to Missouri. The Loan Programs Office (LPO) withdrew the guarantee after determining that the […]
Florida state officials and the U.S. Army Corps of Engineers formalized a revised agreement on earlier this month to speed up construction of the Everglades Agricultural Area (EAA) Reservoir in Florida’s Everglades. The reservoir, a key component of the Comprehensive Everglades Restoration Plan (CERP), was originally projected for completion in 2034, but is now expected […]
A $116 million interchange improvement project involving State Route 60 (SR-60) in Moreno Valley, California, has been granted new state funding. The $25.3 million grant, announced by city officials earlier this month, seeks to fund right-of-way acquisitions for the project as designs are finalized. The new funding comes from the California Trade Corridor Enhancement Program, […]
As artificial intelligence (AI) innovation continues, the U.S. will need to position itself as a global leader on critical manufacturing processes and technologies. Building on this effort, the federal government recently released an executive order directing the nation to build out AI data centers and related infrastructure to facilitate and accelerate domestic AI dominance. The […]
Gen. Mike Guetlein has been confirmed as the first director of the newly created Office of Golden Dome for America. The Senate confirmed him July 17, and he will oversee development of the Trump administration’s proposed nationwide missile defense program’s capabilities. In his new role, Gen. Guetlein will report directly to Deputy Sec. of Defense […]
The city of San Angelo passed an ordinance earlier this month authorizing the issuance and sale of $41.6 million in taxable general obligation bonds to fund improvements to the city’s coliseum and fairgrounds. The bond issue was approved by voters in May. The city is projecting approximately $73 million in annual economic impact from the […]
The Augusta Economic Development Authority (AEDA) is planning a $25 million project to improve sewer systems and infrastructure for additional industrial redevelopment initiatives in the region. The project, funded through a voter-approved measure, seeks to build a pump station, a gravity sewer line and a 24-inch sewer trunk main. The extension, running from the Little […]