Category Archives: Infrastructure & Utilities

Infrastructure & Utilities Press Releases & News distributed via EuropaWire

E.ON to Invest €42 Billion in European Energy Transition, Surpasses 2023 Earnings Expectations

(IN BRIEF) E.ON, a major player in Europe’s energy sector, plans to increase its investments from €33 billion to €42 billion for 2024-2028, focusing on energy networks and infrastructure. The company exceeded earnings expectations in 2023, with adjusted Group EBITDA … Read the full press release

Husqvarna Group Expands Commercial Reach with ETwater Acquisition

(IN BRIEF) In a strategic move, Husqvarna Group has announced its acquisition of ETwater, a prominent player in smart irrigation management for commercial markets in North America, from Rivulis Irrigation. ETwater’s integration into Husqvarna’s Gardena Division, specifically within the Orbit … Read the full press release

EU Bank’s Historic Investment in Mongolia to Combat Overgrazing and Promote Sustainable Development

(IN BRIEF) The European Investment Bank (EIB) has embarked on its largest-ever financing agreement for Mongolia, injecting €54.4 million into a groundbreaking initiative. This initiative aims to address the degradation of Mongolia’s grasslands by promoting sustainable urban development and supporting … Read the full press release

Stagecoach Unveils Next-Gen Electric Buses for Oxfordshire: Pioneering Sustainable Urban Transport

(IN BRIEF) Stagecoach, the UK’s largest bus and coach operator, has received the first batch of cutting-edge battery-electric buses from Alexander Dennis, a global bus manufacturer. These 55 zero-emission double deckers are set to revolutionize urban transport in Oxfordshire, joining … Read the full press release

Webuild Hits Milestone: 100,000 Pre-cast Concrete Segments Completed for Snowy 2.0 Project

(IN BRIEF) Webuild, in collaboration with its local subsidiary Clough, has achieved a significant milestone in the construction of Snowy 2.0, Australia’s largest hydropower project, with the completion of 100,000 pre-cast concrete segments out of a planned total of 130,000. … Read the full press release

Terna Invests €45 Million in Upgrading Sardinia’s Electricity Grid

(IN BRIEF) Terna, under the leadership of Giuseppina Di Foggia, is set to invest approximately 45 million euros in enhancing the resilience, reliability, and sustainability of the electricity grid in the Alghero and Putifigari municipalities of Sassari province, Sardinia. The … Read the full press release

wpd Achieves Wind Energy Milestones in Sweden and Finland

(IN BRIEF) wpd, a leading developer of onshore wind energy projects in Europe, has achieved significant milestones in Sweden and Finland. In Sweden, they’ve commissioned the Stöllsäterberget wind farm and secured contracts for future projects. In Finland, wpd is progressing … Read the full press release

Bouygues Construction to Revamp Joliot-Curie School in France through €7M Energy Renovation Project

(IN BRIEF) Bouygues Construction’s subsidiary, Bouygues Bâtiment Ile-de-France, has secured a €7 million contract from Palaiseau, France, for the energy refurbishment of Joliot-Curie junior school. The project, employing the EnergieSprong approach, aims to significantly reduce energy consumption and carbon emissions. … Read the full press release

ESS and Alfa Laval Spearhead Sustainable District Heating Initiative in Lund, Sweden

(IN BRIEF) The European Spallation Source (ESS) and Alfa Laval are leading a groundbreaking initiative to connect recovered, fossil-free waste heat from ESS to Lund’s district heating network in Sweden. Alfa Laval will provide heat exchangers using emission-free steel from … Read the full press release

VINCI Construction Awarded €700 Million Contract for French Railway Network Renovation

(IN BRIEF) SNCF Réseau has entrusted VINCI Construction’s subsidiary, ETF, with work package 4 of an industrial regeneration contract valued at €700 million. Over a period of seven years, with the option for two additional years, ETF will upgrade over … Read the full press release

Logicor Completes BTS Development, Enhancing Logistics Infrastructure in Sant Feliu de Buixalleu

(IN BRIEF) On March 11, 2024, Logicor, a prominent European logistics real estate owner, manager, and developer, finalized the build-to-suit (BTS) development of a warehouse spanning over 16,000 square meters in Sant Feliu de Buixalleu, Spain. This facility, leased to … Read the full press release

Terna Recognized as Climate Change Leader by CDP

(IN BRIEF) Terna has earned a prestigious spot on the list of leading international companies engaging their suppliers in the fight against climate change, according to the Climate Change survey conducted by CDP. Achieving an ‘A’ rating, the highest score … Read the full press release

VINCI Airports Celebrates Success with Three Award-Winning Airports

(IN BRIEF) VINCI Airports, the leading private airport operator globally, celebrates the recognition of three airports in its network – Belgrade, Porto, and Guanacaste – named among the best airports worldwide by the Airport Council International (ACI). These awards acknowledge … Read the full press release

EuroMaint Inaugurates State-of-the-Art Maintenance Center in Nässjö, Sweden

(IN BRIEF) EuroMaint, a subsidiary of the CAF Group and a leading railway services provider, marks the opening of a modern maintenance center in Nässjö, Sweden. The 35,000 square meters facility, strategically located, will maintain new trains delivered by CAF … Read the full press release

EIB Provides €200 Million Loan to NRW.BANK for Refugee Housing Initiative in North Rhine-Westphalia

(IN BRIEF) The European Investment Bank (EIB) collaborates with NRW.BANK to allocate a €200 million framework loan aimed at facilitating the expansion and enhancement of refugee housing facilities in North Rhine-Westphalia, the most populous German state. This initiative involves constructing, … Read the full press release

Skanska Secures USD 120M Supplemental Award for Waterfront Facility Upgrade in Eastern USA

(IN BRIEF) Skanska, a leading construction company, announces a supplemental award worth USD 120 million for preconstruction work and early commitments toward upgrading a waterfront facility in Eastern USA. This award, equivalent to approximately SEK 1.2 billion, will contribute to … Read the full press release

Zoox Collaborates with AFRY to Advance Autonomous Vehicle Development

(IN BRIEF) Zoox, an American subsidiary of Amazon specializing in autonomous ride-hailing vehicles, partners with AFRY, leveraging their vehicle engineering expertise from Sweden to enhance the development of Zoox’s purpose-built robotaxi. This innovative vehicle, designed for fully autonomous operation, marks … Read the full press release

Vestas Secures Order for V236-15.0 MW Wind Turbine at Thyborøn Port

(IN BRIEF) Vestas has secured a firm order from Thyborøn-Harboøre Vindmøllelaug I/S af 2002 for a V236-15.0 MW wind turbine to be installed directly on the waterfront in the Port of Thyborøn, Denmark. The order includes supply, delivery, commissioning, and … Read the full press release

RWE Secures Tender for New Wind Farm in Rhineland-Palatinate, Expands Green Portfolio

(IN BRIEF) RWE has been awarded the tender for the Kail wind farm in the Cochem-Zell district, Rhineland-Palatinate, in a recent auction by the Federal Network Agency. With three wind turbines totaling 12.9 MW capacity set to be erected near … Read the full press release

Trio of Energy Giants Kickstart Mendubim Solar Project in Brazil

(IN BRIEF) Hydro Rein, Equinor, and Scatec have commenced operations at the Mendubim solar project in Brazil’s Rio Grande do Norte state, marking a significant step forward in the country’s renewable energy landscape. Developed through a partnership between the three … Read the full press release

Equinor’s Mendubim Solar Plant Powers Up, Boosting Brazil’s Renewable Portfolio

(IN BRIEF) Equinor celebrates the commencement of operations at the Mendubim solar plant in Brazil, adding 531 MW of solar power to its energy portfolio and marking a 30% increase in its equity power production in the country. The project, … Read the full press release

Telefónica Earns Tenth Consecutive Leader Recognition in Gartner’s Magic Quadrant for Managed IoT Connectivity Services

(IN BRIEF) Telefónica has once again been acknowledged as a Leader in the 2024 Gartner Magic Quadrant for Managed IoT Connectivity Services, marking the tenth consecutive year of this recognition. Through its IoT services provided by Telefónica Tech, the company … Read the full press release

Enel and Ansaldo Nucleare Forge Partnership to Pave the Way for Next-Gen Nuclear Power

(IN BRIEF) Enel and Ansaldo Nucleare have entered into a collaboration agreement aimed at exploring and evaluating new technologies and business models for nuclear energy generation, including Small Modular Reactors (SMRs) and Advanced Modular Reactors (AMRs). These innovative reactors promise … Read the full press release

Eni, Plenitude, and Energy Infrastructure Partners Finalize Investment Agreement

(IN BRIEF) Eni, Plenitude, and Energy Infrastructure Partners (EIP) have concluded their investment agreement, with EIP acquiring a 7.6% stake in Plenitude through a capital increase of €588 million. This transaction, initially announced in December 2023, marks a significant milestone … Read the full press release

EIB and Ukrainian Government Collaborate on Reconstruction Efforts Amid Conflict

(IN BRIEF) The European Investment Bank (EIB) and the Ukrainian government join forces to advance reconstruction efforts in war-torn regions, allocating funds for critical infrastructure projects under the Ukraine Recovery Programme (URP) and the Ukraine Early Recovery Programme (UERP). With … Read the full press release

E.ON Secures €2.3 Million Funding for Hydrogen Filling Station in Essen, Germany

(IN BRIEF) E.ON has received a funding commitment of €2.3 million from the state of North Rhine-Westphalia (NRW) in Germany for the construction of a hydrogen filling station in Essen’s city harbor. This milestone project aims to strengthen hydrogen mobility … Read the full press release

Vertiv and Telefónica Extend Collaboration to Enhance Energy Efficiency Across Spain’s Telecom Network

(IN BRIEF) Vertiv and Telefónica are extending their collaboration agreement to enhance energy efficiency across Telefónica’s network core sites in Spain. Building upon the success of their pilot project, which reduced energy consumption by 20% at one of Telefónica’s key … Read the full press release

Telefónica Tech and Teradata Forge Alliance to Drive AI Innovation in Spain

(IN BRIEF) Telefónica Tech has partnered with Teradata to enhance its services portfolio, offering Teradata’s cloud analytics and data platform alongside its advanced professional services. With products like ClearScape Analytics and VantageCloud, the alliance aims to simplify AI model development, … Read the full press release

Deutsche Telekom Expands Netflix Partnership Across Europe, Starting with Croatia and Hungary

(IN BRIEF) Deutsche Telekom Group announces an expanded partnership with Netflix, offering customers in multiple European countries an enhanced entertainment experience. Beginning with Hrvatski Telekom in Croatia and Magyar Telekom in Hungary, Deutsche Telekom’s subsidiaries will integrate Netflix into their … Read the full press release

Deutsche Telekom Launches Secure Generative AI Solution for UKA Group

(IN BRIEF) Deutsche Telekom introduces its secure generative AI solution, Business GPT, to UKA Group, a leading renewable energy project developer, marking its debut as a Business GPT customer. Hosted on Telekom’s cloud environments in Europe, the solution ensures compliance … Read the full press release

Lloyds Banking Group and Low Carbon Forge Decade-Long Renewables Pact

(IN BRIEF) Lloyds Banking Group has entered a 10-year Power Purchase Agreement (PPA) with Low Carbon, a global renewable energy company, to procure 50 GWh of clean electricity annually from two UK solar farms. This agreement is a significant step … Read the full press release

CACEIS Enhances Client Services with PRIIPs Reporting via Connect Store Partnership

(IN BRIEF) CACEIS has partnered with Regulatory Technology specialist AlphaOmega to offer a PRIIPs reporting service for clients of its Private Equity Real Estate Solutions business line. Available through the Connect Store, CACEIS’ online marketplace, the service provides clients with … Read the full press release

EBRD and EU-Funded Program Propel Alaska Hotel’s Sustainability Drive in Tsaghkadzor, Armenia, with Solar Investment

(IN BRIEF) Nestled in Tsaghkadzor, Armenia’s popular health resort, the Alaska Hotel is attracting visitors with its renowned Armenian hospitality and a commitment to sustainability. With support from the European Bank for Reconstruction and Development (EBRD) and the European Union … Read the full press release

TowerCo of Africa Uganda Secures US$40 Million Financing to Expand Rural Telecom Infrastructure in Uganda

(IN BRIEF) TowerCo of Africa Uganda has secured a US$40 million financing package from European development finance partners to spearhead the installation of 506 new telecom towers in rural areas of Uganda. This initiative, supported by the European Investment Bank, … Read the full press release

AFRY Management Consulting Report Highlights Challenges of EU Carbon Border Adjustment Mechanism for Electricity Imports from Great Britain

(IN BRIEF) A new report from AFRY Management Consulting commissioned by interconnector businesses and transmission companies sheds light on the potential impact of the EU Carbon Border Adjustment Mechanism (CBAM) on electricity imports from Great Britain (GB). The study identifies … Read the full press release

Thales Transport Achieves Silver Accreditation for Diversity Development Standard

(IN BRIEF) Thales Transport in the UK has secured the EW Group’s Diversity Development Standard (DDS) Silver accreditation, underscoring its unwavering commitment to fostering equity, diversity, and inclusion (EDI) within the rail sector. Since initiating its EDI journey in 2022, … Read the full press release

Vattenfall and Borealis Forge Renewable Energy Partnership to Drive Decarbonization

(IN BRIEF) Vattenfall and Borealis have entered into a groundbreaking long-term renewable hydropower purchase agreement (PPA) aimed at bolstering sustainability efforts. Starting January 2024, Vattenfall commenced supplying Borealis’ Stenungsund operations with 175 GWh per year of renewable energy sourced from … Read the full press release

Ericsson and Mobily Forge Partnership to Enhance Network Programmability in Saudi Arabia

(IN BRIEF) Ericsson and Etihad Etisalat (Mobily) have signed a Memorandum of Understanding (MoU) at LEAP 2024, Riyadh, Kingdom of Saudi Arabia, aiming to expose Mobily’s network capabilities to enterprises and developers in the country. Through this collaboration, Mobily will … Read the full press release

Hydro and NKT Forge Partnership for Low-Carbon Aluminium Power Cable Innovation

(IN BRIEF) Hydro and NKT have announced a strategic partnership to develop a cutting-edge, low-carbon aluminium power cable value chain, aimed at facilitating the growth of Europe’s renewable energy grid. The collaboration, set to extend towards 2030, will focus on … Read the full press release

Inauguration of Agra Metro Marks Milestone in Sustainable Urban Transport: A Visionary Step Toward Preserving Cultural Heritage

(IN BRIEF) Indian Prime Minister Narendra Modi, virtually inaugurated the first 6 km section of the Agra metro, alongside Chief Minister of Uttar Pradesh Yogi Adityanath and other dignitaries. Funded by a €450 million loan from the European Investment Bank … Read the full press release