Allegiant Air said on Friday it had exercised options to buy six Boeing 737-8 aircraft under its 2021 purchase agreement, for delivery in 2028, Reuters reported. The jets carry a combined list price of more than 720 million dollars; aviation consultancy IBA put their estimated market value at about 351 million dollars. Allegiant now has 56 firm aircraft under the agreement, 22 of them delivered, with options remaining for another 74 jets.
Skanska has won a 163 million dollar contract to build the East Side Greenway 14th Street Connector in New York City, the contractor announced on Wednesday, adding an esplanade and shared pedestrian and bicycle path along the East River. Design work begins soon, with groundbreaking anticipated in early 2028 and completion at the end of 2030. In Kansas City, the Royals selected Legends Global as owner’s representative for a new ballpark anchoring a 3 billion dollar mixed use development: the ballpark itself is a 1.9 billion dollar build by a Mortenson and McCownGordon venture, with groundbreaking anticipated in 2027 and completion for the 2030 season.
PG&E’s chief executive told Utility Dive the utility needs wildfire policy reform to manage its tail risk, a regulatory ask rather than a transaction, noted here because the answer will shape how California utilities finance grid hardening. In semiconductors, Solidigm, the SK hynix storage unit, pulled its planned IPO amid pressure on AI infrastructure credits while confirming plans to build a fab in the United States, CNBC reported; the technology beat owns the neocloud credit story. Nigerian fintech OPay filed for a 336 million dollar US initial public offering, per Investing.com’s report of the filing, a listing to watch rather than an infrastructure transaction.