TIFIA loan approved for Triangle Expressway

07.14.2009
Infrastructure Journal
the Infrastructure Journal article, "TIFIA loan approved for Triangle Expressway" reports that the US Department of Transportation will provide a Transportation Infrastructure Finance and Innovation Act (TIFIA) loan worth US$386 million to develop the North Carolina Turnpike Authority's (NCTA) Triangle Expressway toll road.  The article reports the amount is one third of the necessary $1.1 billion in bonds to pay for the project. Please click on the following link for more information about Nossaman's Infrastructure Practice Group.  Nossaman is mentioned as the legal advisor to the NCTA.

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