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ICF Awarded New $21 Million Contract for California Infrastructure Project
Prnewswire· 2026-02-03 21:05
RESTON, Va., Feb. 3, 2026 /PRNewswire/ -- ICF (NASDAQ: ICFI), a leading global solutions and technology provider, has been awarded a $21 million contract to lead environmental reviews for the Diridon Station Redevelopment Project in San Jose, California. The contract has a term of three years with up to two additional option years. The Diridon Station, a key local transit hub, will be expanded and redesigned to address Northern California's future transit needs. ICF will deliver environmental services to th ...
EIB Global, AfDB allocate $275m for Mauritania railway upgrade
Yahoo Finance· 2025-12-01 15:50
Core Insights - The European Investment Bank (EIB Global) and the African Development Bank (AfDB) have established a joint financing arrangement of $275 million for upgrading Mauritania's main railway corridor [1][2] - The financing package consists of a $150 million loan from AfDB and $125 million from EIB Global, with the latter guaranteed by the European Union [2] - The project aims to enhance the transport corridor operated by Société Nationale Industrielle et Minière (SNIM), which is crucial for Mauritania's economic development and export capacity [2][3] Company and Industry Summary - SNIM, the largest employer in Mauritania, will manage the implementation of the railway upgrade project, which includes rehabilitating existing infrastructure and constructing 42 kilometers of new track [4] - The initiative is expected to improve railway capacity, reduce fuel consumption, and enhance operational safety and reliability, thereby facilitating increased mineral exports and job creation [5] - The project aligns with the Global Gateway strategy of the European Union, showcasing collaboration between European and African institutions to support infrastructure development [3][6]
Jacobs Expands Role in Jackson, Mississippi with New Wastewater Operations Contract
Prnewswire· 2025-11-06 12:45
Core Insights - Jacobs has been awarded a nine-year contract by JXN Water to operate and maintain the wastewater infrastructure of Jackson, Mississippi, marking a significant expansion of its role in the city's water systems [1][2]. Group 1: Contract Details - The agreement includes the operation and maintenance of Jackson's three wastewater treatment plants and 99 pump stations, leveraging Jacobs' proven track record in enhancing the city's water system [2]. - This contract is an amendment to Jacobs' existing water services contract, indicating a deepening partnership with JXN Water [1]. Group 2: Company Commitment and Strategy - Jacobs aims to stabilize and upgrade Jackson's water infrastructure, which has faced challenges due to aging systems and limited investment, by implementing a strategic improvement plan focused on restoring system reliability [3]. - The company plans to invest in workforce development by transitioning existing staff and supporting certification programs to address the shortage of qualified operators [3]. Group 3: Recognition and Expansion - Jacobs' work with JXN Water has gained global recognition, with JXN Water nominated for Public Water Agency of the Year at the 2025 Global Water Awards [4]. - The company has also expanded its water and wastewater utility operations in the South Central and Southeastern U.S., including contract extensions in various locations [4]. Group 4: Financial Overview - Jacobs reported approximately $12 billion in annual revenue and employs nearly 45,000 people, providing end-to-end services across multiple sectors, including water [5].