Tennessee American Water filed today a petition with the Tennessee Public Utility Commission (TPUC) for approval to adjust rates, reflecting $173 million in water system investments made by the company since its last general rate increase in 2012 through December…
XRL ALC, LLC (XRA), an affiliate of X-Caliber Rural Capital that provides funding solutions for projects located in micro-rural areas, together with American Lending Center, jointly funded a $9.6MM bridge loan for Calhoun-Liberty Hospital located in Blountstown, Florida. The hospital…
Stormfield Capital LLC (“Stormfield” or the “Company”), an institutional private credit manager with expertise in lower middle-market commercial real estate bridge lending, today announced that it has funded more than $1.25 billion in proprietary loan originations. Through its proprietary digital…
UGL, a CIMIC Group company, has been awarded a contract by long-standing client Neoen to construct and install the 341 MW / 1363 MWh Collie Battery Stage 2, in Western Australia. The Stage 2 Collie Battery builds on the 219…
KBR (NYSE: KBR) announced today that it is extending its support to the UK Ministry of Defence (MOD) with the award of a contract worth more than $100m, with options, to provide unique heavy lift movement services of front-line equipment…
Lendlease, a leading global real estate and investment group, today announced its New York Construction group has topped out 1520 First Avenue, a 30-story medical office building in the Yorkville section of Manhattan’s Upper East Side. Developed by Extell Development…
Skanska has signed the final award with SBMT Asset, LLC for the upgrade of the South Brooklyn Marine Terminal in Brooklyn, New York, USA. This award is worth USD 612M, about SEK 6.4 billion, which will be included in the…
COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced the acquisition of a 202,000 square foot Class A building, located in Columbia Gateway at 6841 Benjamin Franklin Drive in Columbia, Maryland, for $15 million. The 7-story LEED Gold…
CIMIC Group has entered into an agreement with funds advised by Elliott Advisors (UK) Ltd (Elliott) regarding the acquisition by CIMIC of an additional 10% equity interest in Thiess, a leading global mining services provider. The acquisition, for a purchase…
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Black Construction Corporation, in a joint venture with Mace International, has been awarded the following projects, collectively valued at approximately…
ACORE Capital, LP (“ACORE”), one of the leading U.S. commercial real estate debt managers, today announced the final close of ACORE Credit Partners II (“ACP II”), which was oversubscribed with total equity commitments of approximately $1.4 billion. ACP II is…
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Roy Anderson Corp, has been awarded a contract valued at approximately $72.7 million by the City of Pensacola, Florida, for…