Federal Grant Pursuit
Bluejay Role: Bluejay Advisors successfully partnered with the Port of Portland and MaineDOT to be winners of a USDOT FASTLANE grant in its inaugural year. The $7.7 million grant will go towards new dock, wharf, and rail infrastructure for the Port. These upgrades will enable this intermodal seaport to double output capacity resulting in a positive economic impact for other intermodal and railway entities in the region.
Client Description: The Maine Port Authority is a federal entity that plans, develops, and promotes port and intermodal facilities across Maine to stimulate commerce and enhance the State’s competitiveness. MaineDOT is the office of state government charged with the regulation and maintenance of roads and other public infrastructure in the state of Maine.