In The News
P3
For the fish: Aqueducts will heat water from rivers that will cross F-M diversion channel
Aqueducts are a rare feature in northern climates because they can freeze. Engineers working on the Fargo-Moorhead flood diversion project solved this issue by tapping into geothermal energy, a cost-effective solution for the remote location.
PennDOT/BPD-I Set to Begin Interstate 81 Susquehanna Bridge and Roadway Reconstruction in Susquehanna County
Work has started on the I-81 Susquehanna Bridge as part of the PennDOT Major Bridges P3 project! The entire PennDOT Major Bridges project consists of five additional bridge locations in the Commonwealth.
Major Bridges P3, Pennsylvania
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.
Major Bridges gets a major PAB
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.
BPP Closes on PA Major Bridges P3
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.
3 Proponents Are Shortlisted for P3 to Operate Toll Highways
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.
A Visit With Shikun & Binui, An Israeli Firm Making Inroads Into the U.S. P3 Market
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.
Fargo-Moorhead Diversion Channel and Associated Infrastructure Project Groundbreaking
Shikun & Binui USA, a member of Red River Valley Alliance, LLC (RRVA), Celebrates Groundbreaking of the Fargo-Moorhead Diversion Channel and Associated Infrastructure Project.
Shikun & Binui Concessions and Shikun & Binui America, Pennsylvania-Based Companies, part of Bridging Pennsylvania Partners Team Short-listed for PennDOT's Major Bridge P3 Initiative.
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.