(IN BRIEF) Digital Rail Germany announces a strategic initiative to enhance circuit board production at their Industrial Competence Center in Arnstadt/Thuringia, aiming to accelerate progress towards green rail infrastructure in Europe. Recognizing the critical role of circuit boards in digital … Read the full press release
(IN BRIEF) Wood’s joint venture company, Massy Wood, has inked a significant three-year deal with Atlantic LNG Company of Trinidad and Tobago (Atlantic) to provide project management and engineering expertise at Atlantic’s liquefaction facility in Point Fortin, Trinidad. As Trinidad’s … Read the full press release
(IN BRIEF) Nordic Investment Bank (NIB) has entered a nine-year loan agreement with Latvijas Gaisa Satiksme (LGS) to co-finance its investment program for air navigation advancements from 2024 to 2026. The EUR 25 million loan will support the modernization and … Read the full press release
Posted in Aviation & Aerospace, Banks, Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Management, News, Technology
Tagged Air Navigation Technologies, André Küüsvek, Dāvids Tauriņš, Latvian Air Transport Infrastructure Company, Latvijas Gaisa Satiksme (LGS), NIB, partnership, sustainability
(IN BRIEF) TotalEnergies has announced the acquisition of Lewis Energy Group’s 20% interest in the Dorado leases operated by EOG Resources in the Eagle Ford shale gas play, bolstering its natural gas production capacity in Texas. This move is set … Read the full press release
(IN BRIEF) Prime Minister James Marape of Papua New Guinea and Patrick Pouyanné, Chairman and CEO of TotalEnergies, convened to review the status of the Papua LNG project. TotalEnergies affirmed its commitment, alongside project partners ExxonMobil, Santos, and JX Nippon, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged ExxonMobil, James Marape, JX Nippon, Papua LNG Project, Papua New Guinea, partnership, Patrick Pouyanné, Prime Minister, Santos, sustainability, TotalEnergies
(IN BRIEF) Amatera Renewable Energy Corporation (ARECO) has appointed AFRY as the owner’s engineer for the construction of a 65MWp solar photovoltaic (PV) plant in Bacolod, Philippines. The project, known as The Vista Alegre, aims to provide clean energy to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged AFRY, Amatera Renewable Energy Corporation (ARECO), Bacolod, partnership, Petteri Härkki, PHILIPPINES, Solar PV Plant, sustainability, Vista Alegre
(IN BRIEF) Alstom celebrates a significant milestone in Western Australia’s transportation sector with the delivery of the first Electric Multiple Unit (EMU) C-Series train into passenger service. This achievement follows the award of a substantial contract in 2019 for the … Read the full press release
(IN BRIEF) Rheinmetall, a leading technology company, is establishing a new plant in Szeged, Hungary, representing a significant expansion in the EU and NATO partner country. The groundbreaking ceremony on March 26, 2024, marked the commencement of construction, with the … Read the full press release
Posted in Business, Construction, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged Christoph MÜLLER, Dr. Judit Fendler, Dr. László Botka, Hungary, Hybrid Plant, Kristóf Szalay-Bobrovniczky, Milhálffy Béla, partnership, Prof. Dr. Gábor Szabó, Rheinmetall, Szeged
(IN BRIEF) Indra, a global technology and consulting company, has won a $16 million contract for the renovation of ticket vending machines (TVMs) for MetroLink, the St. Louis light rail network. The contract includes designing, manufacturing, and supplying state-of-the-art TVMs … Read the full press release
(IN BRIEF) ENTSO-E recently convened a High-Level Roundtable, bringing together key stakeholders to assess advancements made since the inception of the EU Grid Action Plan for electricity and to pinpoint areas requiring further attention. With notable attendees including Minister of … Read the full press release
(IN BRIEF) In its ongoing commitment to reduce emissions and align with its ESG strategy, Intesa Sanpaolo has signed an agreement with A2A to procure electricity from renewable sources. This agreement, spanning ten years, will see Intesa Sanpaolo sourcing around … Read the full press release
(IN BRIEF) CentraleSupélec, a renowned French engineering school, is set to undergo a transformative renovation of its historic Bréguet building, thanks to a €45 million loan from the European Investment Bank (EIB). This loan, part of the last stage of … Read the full press release
Posted in Banks, Business, Construction, Education, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, Campus Renovation, CentraleSupélec, EIB, France, partnership, Romain Soubeyran, sustainability
(IN BRIEF) The Bicentennial Schools Programme, a collaborative effort between the Government of Peru, the UK Government, and Finland, aims to bolster school infrastructure and enhance access to education by constructing 75 schools across Peru. AFRY, as part of the … Read the full press release
Posted in Business, Construction, Education, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, United Kingdom
Tagged AFRY, Education Infrastructure, Finland, Koulu Consortium, partnership, PERU, sustainability, UK Government
(IN BRIEF) Johnson Controls, a global leader in smart, healthy, and sustainable buildings, has introduced a new suite of residential products optimized for use with low-GWP refrigerant R-454B, aligning with upcoming regulations for reduced hydrofluorocarbon gases. This launch reflects Johnson … Read the full press release
(IN BRIEF) SunMind, a subsidiary of VINCI Concessions specializing in renewable electricity production through photovoltaic power plants since 2022, is expanding its scope. With a focus on large-scale projects in new markets globally and supporting the solarization of VINCI Concessions’ … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged partnership, renewable energy, SunMind, SunWave, sustainability, VINCI
(IN BRIEF) EQT Active Core Infrastructure fund announces exclusive negotiations to acquire Ocea Group from ICG Infrastructure Equity I. Ocea, a leading provider of smart water and heat submetering devices, operates over four million submeters and serves over 7,000 customers … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged acquisition, Emmanuel Croc, energy sector, environmental solutions, EQT, Fabian Gröne, France, Guillaume d’Engremont, Ocea Group, partnership, sustainability, Thomas Rajzbaum
(IN BRIEF) French medtech company Wandercraft secures €25 million financing from the European Investment Bank (EIB) to advance the development of their groundbreaking Personal Exoskeleton. This innovative device, the first self-balancing exoskeleton designed for daily use by individuals with severe … Read the full press release
Posted in Banks, Business, Economy, Electronics & Machinery, Environment, Financial, France, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, Atalante X, EIB, France, Matthieu Masselin, partnership, Personal Exoskeleton Development, rehabilitation, sustainability, Wandercraft
(IN BRIEF) In their recently launched 2023 Sustainability Report, VELUX showcased remarkable progress in reducing emissions and advancing sustainability initiatives. By securing 100% documented renewable electricity and cutting emissions from their own operations by 16% compared to 2022, VELUX is … Read the full press release
(IN BRIEF) RWE, a global leader in renewable energy, has secured a significant achievement with the award of a 495-megawatt Electricity Business Licence (EBL) by the Ministry of Trade, Industry & Energy of Korea for the development of the Seohae … Read the full press release
(IN BRIEF) APM Terminals, in partnership with ENNA Logic, is making significant strides towards its Net-Zero 2040 goal by electrifying container handling equipment at the Rijeka Gateway. With over 60 electric pieces, including STS cranes and gantry cranes, the terminal’s … Read the full press release
Posted in Business, Croatia, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology, Transportation & Logistics
Tagged APM Terminals, CROATIA, electrification, ENNA Logic, partnership, Rijeka Gateway, sustainability
(IN BRIEF) Swisscom introduces Enterprise Service Cloud OnPrem, providing companies with a highly available data center solution on their premises, ensuring critical applications’ availability even during emergencies. Coupled with Swisscom’s CyberVault Backup, offering protection against cyberattacks with malware-free backups in … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology, Telecom
Tagged CyberVault, Enterprise Service Cloud OnPrem, IT, Lukas Hebeisen, Swisscom
(IN BRIEF) The Municipality of The Hague in the Netherlands has selected Vattenfall InCharge to manage and maintain its 5,400 public charging points, with plans to add 3,200 more over the next four years. This expansion aims to support sustainable … Read the full press release
Posted in Automotive, Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Sweden, Technology
Tagged Arjen Kapteijns, partnership, Pieter van Ommeren, Public Charging Infrastructure, sustainability, The Hague, Vattenfall InCharge
(IN BRIEF) MYTILINEOS Energy & Metals, in partnership with Siemens Energy, has embarked on the construction of a 560 MW Combined Cycle Gas Turbine (CCGT) power unit at the Adamów Power Plant in Poland. The Engineering, Procurement, and Construction (EPC) … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Combined Cycle Gas Turbine (CCGT) Power Unit, construction, Germany, MYTILINEOS, partnership, Poland, Siemens Energy, sustainability
(IN BRIEF) TotalEnergies has announced the development of a new battery storage project in Feluy, Belgium, marking the company’s second venture in the region following the Antwerp refinery battery storage project. Set to commence operation by the end of 2025, … Read the full press release
(IN BRIEF) Vodafone and Nokia have conducted successful tests of a new Internet technology that promises to significantly enhance the home broadband experience, particularly for activities like gaming and video calls. The technology, known as L4S (Low Latency, Low Loss, … Read the full press release
Posted in Business, Financial, Finland, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged Azimeh Sefidcon, Finland, Gavin Young, Home Broadband, Internet Technology, L4S (Low Latency Low Loss and Scalable throughput), Nokia, partnership, vodafone
(IN BRIEF) Skanska has secured a significant contract worth USD 1.4 billion from the Washington State Department of Transportation to replace the Portage Bay Bridge in Seattle, Washington, USA. The project aims to enhance seismic resiliency by replacing the existing … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology
Tagged partnership, Portage Bay Bridge, Skanska, sustainability, USA
(IN BRIEF) Telefónica Tech introduces an upgraded version of its global Vulnerability Management service, integrated within its cybersecurity services brand ‘NextDefense,’ aimed at managing companies’ entire attack surfaces to proactively anticipate threats and prevent future attacks. Leveraging Tenable’s exposure management … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Spain, Technology, Telecom
Tagged 'NextDefense', Alberto Sempere, Cybersecurity, Greg Goetz, partnership, SECURITY, Telefónica Tech, Tenable, Vulnerability Management Service
(IN BRIEF) Borealis announces the successful acquisition of Integra Plastics AD, a Bulgarian advanced mechanical recycling player, solidifying its position in the circular economy landscape. Integra Plastics’ state-of-the-art recycling plant, with an annual capacity exceeding 20,000 tons, significantly bolsters Borealis’ … Read the full press release
(IN BRIEF) Dr. Sigrid Nikutta, a board member of DB, unveils the successful practical tests of a digital freight train, marking a significant advancement in Europe’s rail freight transport system. The introduction of Digital Automatic Coupling (DAK) as a new … Read the full press release
(IN BRIEF) STARK Group, after three years under CVC Capital Partners, appoints former DSV CEO Jens Bjørn Andersen to establish its external board. Andersen, known for his transformative leadership at DSV, expresses excitement about joining STARK Group during its impressive … Read the full press release
(IN BRIEF) SSAB’s Board of Directors has approved the construction of a cutting-edge fossil-free mini-mill in Luleå, Sweden, marking a significant step in the company’s transition to sustainable steel production. The new mill, with a capacity of 2.5 million tons … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged fossil-free, Luleå, Martin Lindqvist, Mini-Mill, SSAB, sustainability, Sweden
(IN BRIEF) Triton Fund V, under Triton’s advisement, has finalized the acquisition of Siemens Energy’s Trench business, a leading manufacturer of high-voltage grid components. Trench, renowned for its expertise and global presence with nine factory locations and 2,400 employees worldwide, … Read the full press release
(IN BRIEF) In the realm of food processing, maintaining food safety and quality is paramount, yet contaminants pose a persistent challenge. Marel’s SensorX, introduced in 2007, has been a game-changer in bone inspection, setting the standard for the poultry industry. … Read the full press release
(IN BRIEF) TNB Renewables Sdn Bhd (TRe), a subsidiary of Tenaga Nasional Berhad (TNB), has enlisted AFRY as the owner’s engineer for a significant solar photovoltaic (PV) project in Kedah, Malaysia. The project, known as the Corporate Green Power Programme … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden
Tagged AFRY, Corporate Green Power Programme (CGPP), Malaysia, partnership, Petteri Härkki, Solar PV Project, sustainability, TNB Renewables
(IN BRIEF) Nordic Investment Bank (NIB) and Aalto University Foundation sign a EUR 45 million loan agreement for the construction and renovation of Aalto University campus buildings in Espoo, Finland. The funding supports projects aimed at enhancing higher education, research, … Read the full press release
Posted in Banks, Construction, Education, Financial, Finland, Industrial, Infrastructure & Utilities
Tagged Aalto University, Aalto University Foundation, Aalto-korkeakoulusäätiö sr, construction, Espoo, financing, Finland, K3, Kide, Kide buildings, loan, Marsio, NIB, Otaparkki, renovation
(IN BRIEF) PNE AG reports a highly successful year in 2023, achieving or surpassing strategic goals outlined in its ‘Scale up 1.0’ strategy. With total aggregate output reaching €267.8 million and EBITDA hitting €39.9 million, the company is at the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Expansion Strategy, financial performance, investment, Markus Lesser, PNE AG
(IN BRIEF) BBVA Group reports significant achievements in its environmental sustainability efforts, with 96 percent of its power consumption sourced from renewable energy in 2023, surpassing its 70 percent target for 2025. The bank also managed to reduce its carbon … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain
Tagged BBVA, carbon footprint, partnership, renewable energy, sustainability
(IN BRIEF) NIRAS and Egis announce a strategic partnership aimed at bolstering consultancy and engineering services in the realm of renewable energies, particularly offshore wind projects in France. With NIRAS’s extensive experience in global offshore wind and Egis’s strong foothold … Read the full press release
Posted in Business, Construction, Denmark, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Egis, France, Jean-Emmanuel Seixas, NIRAS, offshore wind development, partnership, sustainability, Thor Ugelvig Petersen
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a €50 million loan to Fraport TAV Antalya Yatirim Yapim ve Isletme (FTA) in Türkiye, aimed at financing the completion of upgrades to Antalya Airport. These enhancements, including … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey, United Kingdom
Tagged Antalya Airport, EBRD, Fraport TAV, partnership, sustainability, Turkey, Upgrades
(IN BRIEF) Heidelberg Materials has been granted up to US$500 million in funding by the US Department of Energy to advance industrial-scale carbon capture, transport, and storage (CCUS) at its cement plant in Mitchell, Indiana. This significant investment marks a … Read the full press release
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