(IN BRIEF) Strøm Gundersen AS, a company within AF Gruppen, has secured two turnkey contracts totaling NOK 516 million excluding VAT for the construction of a hotel and an office building in Brakerøya, Drammen. The first contract, valued at NOK … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged AF Gruppen, construction, Drammen, hotel, office building, partnership, Strøm Gundersen AS, sustainability
(IN BRIEF) In a significant step towards sustainability, LUKOIL lays a commemorative capsule to signify the beginning of construction for a solar power plant (SPP) in the Almaty region of Kazakhstan. The project, with a design capacity of 4.95 MW, … Read the full press release
(IN BRIEF) Saint-Gobain has formally approached the Board of CSR Limited, a prominent Australian building materials company, with a non-binding indicative offer to acquire all of CSR’s issued share capital through a scheme of arrangement at A$9.00 cash per share. … Read the full press release
Posted in Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged acquisition, Australia, construction, CSR Limited, partnership, Saint-Gobain, sustainability
(IN BRIEF) Skanska has secured a contract with LGAFUEL LLC for the construction of the LaGuardia Airport Jet Fuel Transmission Systems project in Queens, New York, USA. Valued at USD 113 million (about SEK 1.2 billion), the project involves the … Read the full press release
(IN BRIEF) Eni has officially confirmed its plan to build Italy’s third bio-refinery in Livorno, as part of its decarbonization strategy aiming for carbon neutrality by 2050. The project includes the construction of three new facilities for the production of … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Bio-Refinery, construction, Eni, Italy, Livorno, sustainability
(IN BRIEF) Holcim plans to list its North American business in the US, creating a leading pure-play building solutions company. The listed business aims to focus on long-term growth in the North American market and unlock value for stakeholders. Jan … Read the full press release
Posted in Business, Construction, Industrial, Investment, Management, Switzerland
Tagged Arps, Bär & Karrer AG, construction, Goldman Sachs International, holcim, infrastructure, Jan Jenisch, Meagher & Flom LLP, Perella Weinberg Partners, Skadden, SLATE, sustainable building solutions, Swiss Market Index
(IN BRIEF) The Nordic Investment Bank (NIB) and Skanska Financial Services AB have entered a six-year USD 75 million sustainability-linked loan agreement. This loan’s interest rate margin is tied to Skanska’s climate targets, including a 70% reduction in absolute GHG … Read the full press release
Posted in Banks, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Sweden
Tagged André Küüsvek, climate targets, construction, Key Performance Indicators, KPI, loan, NIB, reducing CO2 emissions, Skanska, Skanska Financial Services AB, sustainability-linked loan, The Nordic Investment Bank
(IN BRIEF) Logicor, a prominent European logistics real estate owner, manager, and developer, has completed a redevelopment project in San Giorgio di Piano, Italy, enhancing its sustainability features. The project transformed the site, previously occupied by Mercatone Uno, into a … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Real Estate, Technology, Transportation & Logistics, United Kingdom
Tagged Bologna, construction, Graeme Hepburn, Logicor, partnership, sustainability, Warehouse Redevelopment
(IN BRIEF) Saint-Gobain has announced its acquisition of Menkol Industries Private Limited, a prominent Indian manufacturer specializing in high-value waterproofing systems. This strategic move enhances Saint-Gobain’s position in the Construction Chemicals sector, focusing on specialty building materials within the dynamic … Read the full press release
(IN BRIEF) Logicor, a prominent European logistics real estate owner, manager, and developer, has achieved a significant construction milestone in the redevelopment of its flagship UK scheme, Logicor Park Daventry. Acquired in 2021, the site is being transformed into three … Read the full press release
(IN BRIEF) Skanska, a leading construction company, has announced a new contract agreement with North Carolina State University for the construction of a cutting-edge integrative sciences building in Raleigh, North Carolina, USA. This project, valued at USD 106 million (approximately … Read the full press release
(IN BRIEF) Paris-based GTT has entered into a Technical Assistance and License Agreement (TALA) with COSCO Shipping (Qidong) Offshore, a subsidiary of China COSCO Shipping Corporation Limited. Under this agreement, COSCO Shipping (Qidong) Offshore gains the rights to construct GTT’s … Read the full press release
(IN BRIEF) Webuild Group, a leading international infrastructure company, is focusing on workplace safety, process efficiency, and sustainability in response to the global energy transition. The company’s General Manager, Massimo Ferrari, highlighted their commitment during an address at the “Sustainability … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to the Ca’ Granda Fund, managed by Investire SGR, to support the construction of new social housing units in central Milan. Over 200 apartments in the Sarpi … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Real Estate
Tagged Cariplo Sergio Urbani, construction, Dario Valentino, EIB, Giancarlo Scotti, Gilles Badot, Marco Giachetti, Milan, partnership, Sarpi District, social housing, sustainability
(IN BRIEF) SAP has revealed that The Hilti Group, a leading provider of hardware, software, and services to the construction industry, is using the Circelligence solution to enhance its resource circularity. Developed with Boston Consulting Group (BCG), the tool is … Read the full press release
Posted in Construction, Germany, Industrial, Management, Technology
Tagged Alexander Meyer zum Felde, BCG, Boston Consulting Group, Caroline Stern, Circelligence, circular economy, Circularity, construction, hardware, raw materials, resources, SAP BTP, SAP Business Technology Platform, SAP SE, Scott Russell, software, supply chain, sustainability, The Hilti Group, transparency
(IN BRIEF) On Wednesday, November 22, construction will begin on Vesteda’s new-build Zuiderhof complex in Rotterdam. This development, situated in the Vreewijk garden village in the Feijenoord district, will consist of 160 two, three, and four-room apartments in the mid-rental … Read the full press release
(IN BRIEF) Peab, SSAB, Ruukki Construction, and Wihlborgs have unveiled the world’s first building constructed entirely with fossil-free steel in Lund, Sweden. The industrial facility named “Tomaten 1” represents a significant milestone in reducing the carbon footprint of the construction … Read the full press release
Posted in Construction, Environment, Industrial, Infrastructure & Utilities, Metals and Minerals, Sweden
Tagged Christina Friborg, civil engineering, climate neutrality, construction, fossil-free steel, Hasslanda, Jesper Göransson, Lund, Peab, Romina Pourmokhtari, Ruukki Construction, Sami Eronen, SSAB, Sweden, Tomaten 1, Ulrika Hallengren, Wihlborgs
(IN BRIEF) ECE and Thalia are collaborating on a EUR 100 million project to create an innovative commercial and production site in Marl. Thalia, a leading German omni-channel bookseller, aims to expand its capabilities through this venture, which will involve … Read the full press release
(IN BRIEF) Rönesans Group has reaffirmed its status as a leading construction company, securing the 38th spot on ENR’s prestigious 2023 “World’s Top 250 International Contractors” list. This ranking reflects Rönesans’ consistent presence among the top 10 contracting companies in … Read the full press release
Posted in Awards, Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey
Tagged Awards, construction, contractors, Erman Ilıcak, Europe, investment, İpek Ilıcak Kayaalp, Rönesans Group
(IN BRIEF) bp has commenced construction on the 187MWdc Peacock Solar project, located near Corpus Christi in Texas. This solar installation will generate renewable energy that will be sold to Gulf Coast Growth Ventures (GCGV), a joint venture between ExxonMobil … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged clean energy transition, construction, Dave Lawler, ExxonMobil, GCGV, Lightsource BP, partnership, Paul Fritsch, PCL Construction, Peacock Solar Project, SABIC, sustainability, Texas
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