Tag Archives: energy infrastructure

European Investment Bank Provides €380 Million Equivalent Financing to Modernise and Expand Czech High-Voltage Transmission Network

(IN BRIEF) The European Investment Bank has committed 9.3 billion Czech korunas (around €380 million) to support Czech transmission system operator ČEPS in refurbishing and expanding the country’s high-voltage electricity network. The financing, structured in two tranches, will cover up … Read the full press release

EIB Institute Strengthens Kyiv Heating Points with Targeted Donation to Support Communities During Prolonged Power Outages

(IN BRIEF) The EIB Institute has donated equipment to strengthen 50 heating points in Kyiv, known as Points of Invincibility, which provide warm shelter, hot water and device-charging capabilities during prolonged power outages caused by ongoing attacks on Ukraine’s energy … Read the full press release

Wood Continues Support for Strategically Important UK Gas Infrastructure with Expanded Role Across Shell’s Southern North Sea Operations

(IN BRIEF) Wood has secured a 16-month extension to its technical personnel and engineering support contract with Shell U.K. Limited, enabling it to continue providing specialist services across key Southern North Sea assets including the Leman and Sole Pit platforms, … Read the full press release

ANDRITZ Invests Heavily in Austrian Production Sites to Meet Rising Global Demand for Turbo Generators

(IN BRIEF) ANDRITZ is investing a higher double-digit million euro amount by 2028 to expand and modernise its turbo generator production facilities in Linz and Weiz, responding to rising global energy demand and the growing importance of grid stability. The … Read the full press release

New Ramboll Grid Technology Acts as Universal Shock Absorber to Reduce Outages and Strengthen Energy Resilience

(IN BRIEF) Ramboll has developed the Universal Damping STATCOM, a patent-pending grid technology designed to stabilise power systems as renewable energy sources are added to aging infrastructure. Acting as a “universal shock absorber,” the solution dynamically detects and neutralises voltage … Read the full press release

Coral North FLNG Milestone Strengthens Mozambique’s Global Energy Role as Eni Expands Rovuma Basin Development

(IN BRIEF) Eni and its partners have successfully launched the hull of the Coral North FLNG facility, marking a key step forward in the development of Mozambique’s offshore natural gas resources. The project, located in the Rovuma Basin offshore Cabo … Read the full press release

ERAA 2025 Highlights Capacity Risks and Investment Needs Across Europe’s Electricity System

(IN BRIEF) The European Resource Adequacy Assessment 2025 warns of potential electricity supply risks in Europe over the coming decade, driven by the possible decommissioning of 6 to 8 GW of capacity between 2028 and 2030 and uncertainty around future … Read the full press release

New Framework Agreement Expands Sweco’s Role in Vattenfall’s Net-Zero Energy Strategy

(IN BRIEF) Sweco has secured a new framework agreement with Vattenfall starting in January 2026, covering technical consulting services across a wide spectrum of energy technologies and infrastructure. Valued at approximately SEK 600 million over an initial three-year period, the … Read the full press release

Iberdrola strengthens commitment to Brazil as it seeks 100% control of Neoenergia in €1 billion offer

(IN BRIEF) Iberdrola has submitted a takeover bid for the remaining 16.2% of Neoenergia, offering the same 32.5 Brazilian reais per share paid to PREVI in October 2025, adjusted by the SELIC interest rate. The acquisition—valued at around €1.03 billion … Read the full press release

Equinor secures new insulation, scaffolding, and surface treatment partnerships to boost safety and continuity across Norway’s energy facilities

(IN BRIEF) Equinor has signed new long-term framework agreements worth approximately NOK 17 billion with four contractors — Beerenberg/Linjebygg JV, KAEFER Energy, Bilfinger ISP Offshore Norway, and StS-ISONOR — to deliver insulation, scaffolding, and surface treatment services at all its … Read the full press release

Egis Joins EDF to Support Engineering and Supply Chain Cooperation for the Polish Nuclear Power Programme

(IN BRIEF) Egis has signed a new Memorandum of Cooperation with EDF at the World Nuclear Exhibition 2025 to explore joint opportunities under Poland’s Nuclear Power Programme. The agreement, signed by EDF’s Vakisasai Ramany and Egis’s Baptiste Pavy, builds on … Read the full press release

Germany’s Largest Battery Storage System to Rise in Gundremmingen as RWE Expands Clean Energy Infrastructure

(IN BRIEF) RWE will invest €230 million to build Germany’s largest battery storage system at the Gundremmingen energy site in Bavaria, transforming the former nuclear power plant area into a center for renewable energy innovation. The 400 MW facility, featuring … Read the full press release

METLEN and Karatzis Group Launch 330MW / 790MWh Battery Energy Storage System in Thessaly, Strengthening Greece’s Green Transition

(IN BRIEF) METLEN and Karatzis Group have announced a strategic joint venture to develop a large-scale Battery Energy Storage System (BESS) in Thessaly, Greece, with a capacity of 330 MW / 790 MWh. The €170 million project, scheduled for completion … Read the full press release

EIB Supports Snam with €264 Million Loan for Expanding Italy’s Biomethane Energy Infrastructure

(IN BRIEF) The European Investment Bank (EIB) has approved a €264 million loan to Snam to construct 240 km of new pipelines aimed at integrating biomethane production into Italy’s national gas transmission system. The initial €140 million tranche has been … Read the full press release

Garanti BBVA Funds Strategic Electricity Infrastructure Upgrades for Uludağ Elektrik in Türkiye’s Marmara Region

(IN BRIEF) Garanti BBVA is financing Uludağ Elektrik Dağıtım A.Ş.’s electricity distribution investments across Türkiye’s Marmara region, covering key provinces such as Bursa, Balıkesir, Çanakkale, and Yalova. Serving four million customers, these investments are vital to enhancing energy security, efficiency, … Read the full press release

Equinor’s Empire Wind Project Moves Forward, Construction Resumes Following BOEM Approval

(IN BRIEF) Empire Offshore Wind LLC, a subsidiary of Equinor ASA, has resumed construction on the Empire Wind project after the Bureau of Ocean Energy Management lifted the stop work order. The project, which is more than 30 percent complete, … Read the full press release

Wood Secures $118 Million in Offshore Operations Contracts with Shell UK, Dana Petroleum, and CNOOC International

(IN BRIEF) Wood has secured contract extensions worth $118 million to continue its operations and maintenance services for Shell UK, Dana Petroleum, and CNOOC International’s UK offshore assets. This expansion reinforces Wood’s reputation as a trusted partner for North Sea … Read the full press release

Alexander Schober Appointed Global Head of Infrastructure at KfW IPEX-Bank

(IN BRIEF) Alexander Schober has been appointed Global Head of the Infrastructure sector at KfW IPEX-Bank, effective May 1, 2025, following Aida Welker’s transition to the bank’s Management Board. Schober has been with the bank since 2008 and brings a … Read the full press release

Businesses Push for Growth and Sustainability as Energy Demand Soars, According to New EY Research

(IN BRIEF) New EY research reveals that businesses are increasingly focused on electrification, emissions reduction, and managing energy costs, with over 70% of companies planning to increase focus on these areas over the next three years. As energy demand soars, … Read the full press release

DNV Secures Major Technical Services Contract with Gasunie to Support Energy Infrastructure in Netherlands and Germany

(IN BRIEF) Gasunie has awarded DNV a multi-year technical services contract to support the maintenance and innovation of energy infrastructure across the Netherlands and northern Germany. The four-year agreement, with options for two two-year extensions, covers critical services like equipment … Read the full press release