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Airports & Aviation;Investments & Funding
Airports & Aviation;Investments & Funding

Milwaukee Mitchell International Airport secures $8 million FAA grant to advance terminal consolidation project

Milwaukee Mitchell International Airport has been awarded an additional $8 million in federal funding from the FAA to support the ongoing redevelopment of Concourse E. The grant increases total federal backing to $21.5 million for the project, which will consolidate international arrivals into the main terminal by late 2027.

United States | 7 days ago
Airports & Aviation
Airports & Aviation

EBRD invests €50 million in SOF Connect bonds to support Sofia Airport upgrade

The European Bank for Reconstruction and Development has invested €50 million in the first bond issuance by SOF Connect AD, operator of Sofia Airport, as part of a €450 million financing package. The landmark transaction, listed on Euronext Dublin, is the first such debt issuance by a Bulgarian entity and includes refinancing bonds, CAPEX bonds, and a CAPEX loan facility.

7 days ago • Bulgaria
Logistics
Logistics

World Bank approves $200 million for Madagascar multimodal transport project

The World Bank has approved $200 million in financing for Madagascar's Multimodal Transport and Logistics Project, targeting railway, port, inland waterway, and airport infrastructure. The project includes rehabilitation of the Tananarive–Côte Est railway, ports of Majunga and Tulear, 200 km of the Pangalanes Canal, and regional airports, benefiting an estimated 3.8 million people.

7 days ago • Madagascar

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Business & Corporate | 2 days ago

Rashmi Group commits INR 350 billion to expand industrial footprint in West Bengal

Diversified industrial major Rashmi Group has announced a massive 35,000 million INR investment to scale its steel, power, and mining operations in West Bengal. The plan includes adding 7 million tonnes of annual steel capacity and operationalizing newly acquired coal blocks across several districts.

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