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CBRE Group Inc. has announced a definitive agreement to acquire J&J Worldwide Services—a provider of engineering services, base support operations, and facilities maintenance for the U.S. federal government—from private equity firm Arlington Capital Partners. CBRE, one of the world’s largest commercial real estate services and investment firms, said the deal will expand the Dallas-based company’s […]
The U.S. Department of Energy (DOE) has announced $104 million for energy conservation and clean energy projects at 31 federal facilities, with more funding on the way. The projects align with President Joe Biden’s goal for the federal government to “lead by example” on sustainability. This represents the first of three disbursements from $250 million […]
The U.S. Department of Energy (DOE) and Tennessee Valley Authority (TVA), the nation’s largest public power supplier, have signed a memorandum of understanding (MOU) to power at least two major federal facilities with 100% clean energy. The deal advances the Biden administration’s goal of powering all federal facilities with carbon-pollution-free electricity (CFE) by 2030. Under […]
Days after revealing a $2 billion investment in low-carbon construction projects at federal facilities, the U.S. General Services Administration (GSA) announced that it has identified 23 properties to begin the disposition process as it accelerates its efforts to right-size and modernize the federal buildings portfolio. The announcement represents a potential reduction of 3.5 million square […]
The U.S. General Services Administration (GSA) announced a $2 billion investment for more than 150 construction projects that use cleaner construction materials, known as “low-embodied carbon” (LEC) materials, as part of the Biden administration’s Investing in America agenda. The funding will support projects at federal facilities across 39 states, the District of Columbia, and the Commonwealth of […]
The U.S. General Services Administration (GSA) announced plans to use $975 million in Inflation Reduction Act (IRA) funding to upgrade federal buildings across the country with emerging and sustainable technologies. These plans are in line with President Joe Biden’s Executive Order 14057, which launched the Federal Sustainability Plan and charged the federal government to “lead by […]