Almost 7 years after Pennsylvania signed its first P3 agreement, the Commonwealth reached financial close on another significant bridges project - Pennsylvania Department of Transportation's (PennDOT) first package of the Major Bridges P3 Redevelopment Package 1 program.
The Major Bridges Package One Project was one of the standout US P3 deals of 2022. Developed using an innovative pre-development agreement (PDA) structure, the project entails rehabilitating six bridges in Pennsylvania and took just nine months to get from awarding to financial close.
We are excited to announce that the PennDOT Major Bridges P3 program reached financial close today! As a construction partner of Bridging Pennsylvania Partners (BPP), we are looking forward to working on the replacement of 6 sets of bridges.
Company built Brazoria West Solar Project in Texas, its largest solar plant to date.
S&B USA Concessions was one of three proponents shortlisted for the Puerto Rico Highways and Transportation Authority (PRHTA) toll roads PR-20, PR-52, PR-53 and PR-66 project.
Aileen Cho, Senior Transportation Editor of ENR Magazine visited S&B USA at its headquarters in Pittsburgh, PA to learn more about the company, its history, acquisition of Fay and Fay Southeast, and most importantly its success in P3 projects in the US.
Shikun & Binui USA, a member of Red River Valley Alliance, LLC (RRVA), Celebrates Groundbreaking of the Fargo-Moorhead Diversion Channel and Associated Infrastructure Project.
S&B USA, a member of RRVA, has reached financial close, with the Metro Flood Diversion Authority (MFDA) for the implementation of the Fargo-Moorhead Metropolitan Area Flood Risk Management Project under a public-private partnership (P3) valued at approximately $1.5 B
Bridging Pennsylvania Partners, led by equity members Shikun & Binui Concessions USA Inc and Macquarie Infrastructure Developments LLC was short-listed by PennDOT for their Major Bridge P3 Initiative.
SH288 will now be able to handle the city's rapid growth and travel needs better than before.