Scott Sowers

3 days ago | bondbuyer.com | Scott Sowers

Aging airport infrastructure is creating headwinds at Newark Liberty International Airport in New Jersey, prompting U.S. Department of Transportation Secretary Sean Duffy to announce a reduction in flights while also unveiling a plan to reconstruct the nation's air traffic control system.   "Decades of neglect have left us with an outdated system that is showing its age," said Duffy.

1 week ago | bondbuyer.com | Scott Sowers

As the budget reconciliation process churns its way through Congress, publicly owned power companies are moving forward with plans for tapping the elective pay program that turns tax credits into cash, a system that's helping usher in a new age for nuclear power. "Probably the biggest item affected will be existing nuclear facilities," said John Godfrey, senior government relations director, American Public Power Association. "You can claim the existing nuclear tax credit using elective pay.

1 week ago | today.westlaw.com | Scott Sowers

As the budget reconciliation process churns its way through Congress, publicly owned power companies are moving forward with plans for tapping the elective pay program that turns tax credits into cash, a system that's helping usher in a new age for...

1 week ago | today.westlaw.com | Scott Sowers

The West Virginia Economic Development Authority came to the offshore market on Tuesday with a tax-exempt $150 million junk-rated private activity bond issuance that will be used to finance a portion of Commercial Metals Company's steel micro mill.

1 week ago | bondbuyer.com | Scott Sowers

The West Virginia Economic Development Authority came to the offshore market on Tuesday with a tax-exempt $150 million junk-rated private activity bond issuance that will be used to finance a portion of Commercial Metals Company's steel micro mill.  "A muni deal sold solely offshore is a rare signal," said James Pruskowski, CIO and co-founder of 16Rock.