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GNA, Now Part of TRC, Surpasses $1.5 Billion in Secured Funds for Clean Transportation Projects 

May 17, 2024

Source: ACT News

TRC Companies (TRC), having acquired the entity formerly known as Gladstein, Neandross & Associates LLC (GNA), has reached another milestone. After surpassing $1 billion in funding secured on behalf of our clients in 2022, our team is thrilled that less than two years later we have surpassed the $1.5 billion mark. 

The incentive landscape has changed dramatically — more programs at higher funding levels for larger, more expansive projects — yet the company’s approach to securing funding has remained tried and true. In reaching this milestone, the team has maintained a success rate above 85% across 700+ applications, exemplifying diligence in working with clients to craft outstanding projects and successful grant applications. Below are a few examples of how we reached this milestone in record time: 

  • $121 million for hydrogen fuel cell vehicle and refueling infrastructure projects funded by the U.S. Department of Energy, U.S. Department of Transportation, California Air Resources Board, California Energy Commission, and the South Coast Air Quality Management District
  • $75.6 million for publicly accessible, battery-electric truck charging, funded by the Federal Highway Administration’s Charging and Fueling Infrastructure Grant Program
  • Nearly $10 million to a major U.S. airline for the renovation of its ground support equipment fleet as part of its zero emission sustainability efforts 

In total, the $1.5 billion in funding has supported the deployment of more than 9,300 vehicles and pieces of equipment, resulting in hundreds of thousands of tons NOx reductions and hundreds of millions of gallons of diesel fuel displaced annually. While awards in California and at the federal level comprise the lion’s share of the funding, projects have spanned more than 40 U.S. states and Canadian provinces. The total economic investment tied to these projects is nearly twice the amount of funding awarded. 

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