Tag Archives: infrastructure

Webuild and Partners to Drive Melbourne’s Sustainable Transit Future with Major Rail Loop Project

(IN BRIEF) Webuild, leading a joint venture with GS E&C and Bouygues Construction, has signed a AU$1.7 billion contract to construct the Tunnels North segment of Melbourne’s Suburban Rail Loop (SRL) East, aimed at enhancing sustainable public transit options for … Read the full press release

EBRD Invests €3 Billion to Strengthen Green Cities Programme for Sustainable Urban Futures

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has pledged an additional €3 billion to expand its Green Cities programme, supporting sustainable urban development across 50+ cities. The programme introduces enhanced Green City Action Plans (GCAPs), with updated … Read the full press release

EIB Pledges €10.3 Billion for Climate-Resilient Agriculture, Energy, and Infrastructure in Europe

(IN BRIEF) The European Investment Bank (EIB) has committed €10.3 billion to support various European sectors, including agriculture, energy, water, education, and innovation. This funding includes €900 million for immediate reconstruction in flood-affected areas and a landmark €3 billion initiative … Read the full press release

Global Race for Autonomous Trucks: Europe a Critical Region Transport Transformation

(IN BRIEF) In 2024, the trucking industry has made significant strides in commercializing autonomous driving technology to address challenges like high operational costs, driver shortages, and safety concerns. The global trucking fleet is expected to incorporate an additional 500,000 Level … Read the full press release

Webuild’s Largest Tunnel Boring Machine Begins Salerno-Reggio Calabria Rail Project, Pioneering New Innovations in Sustainable Infrastructure

(IN BRIEF) Webuild has received its largest Tunnel Boring Machine (TBM) in Europe to work on the Salerno-Reggio Calabria High-Speed Rail Line. The 13-meter wide machine, equipped with 18 motors and 10 Megawatts of power, will excavate tunnels for Lot … Read the full press release

Ireland and EIB Collaborate to Advance Offshore Wind Port Infrastructure

(IN BRIEF) The Irish Department of Transport and the European Investment Bank (EIB) have announced a partnership to develop port infrastructure critical for supporting offshore wind projects in Irish waters. The collaboration, led by Minister Eamon Ryan and EIB Vice … Read the full press release

Millbay Docks Welcomes Enhanced Infrastructure as West Wharf Strengthening Project Concludes

(IN BRIEF) Associated British Ports (ABP) has completed the strengthening of the West Wharf at Millbay Docks in Plymouth, a key project funded by the UK Government through the Plymouth and South Devon Freeport seed capital programme. The upgrade, which … Read the full press release

EIB Commemorates 20 Years of Slovenia’s EU Membership with Photo Exhibit Highlighting Key Development Projects

(IN BRIEF) The European Investment Bank (EIB) Group has launched a photo exhibition in Ljubljana to celebrate the 20th anniversary of Slovenia’s membership in the European Union. The exhibition, titled “Slovenia – 20 Years of Progress in the EU,” features … Read the full press release

Vodafone Powers Europe’s First 5G Network at Temelín Nuclear Plant, Paving the Way for Secure Infrastructure Digitalization

(IN BRIEF) Vodafone has deployed the first 5G mobile private network (MPN) at Temelín Nuclear Power Plant in Czechia, marking a significant milestone in Europe. This new 5G connectivity will enhance communication within the plant, replacing traditional walkie-talkies and enabling … Read the full press release

HOCHTIEF Secures EUR 190 Million Contract for Infrastructure Maintenance in North Lanarkshire, Scotland

(IN BRIEF) HOCHTIEF PPP Solutions GmbH has been awarded a significant infrastructure maintenance contract by North Lanarkshire Council in Scotland, worth at least EUR 190 million. The contract, which covers road maintenance, bridge repairs, and other critical infrastructure services, will … Read the full press release

Schaeffler Expands Global E-Mobility Charging Infrastructure with 5,000 New Points by 2030

(IN BRIEF) Schaeffler is expanding its global electric vehicle charging infrastructure by adding 5,000 new charging points by 2030, with 3,000 in Europe. This initiative is part of the company’s sustainability program. Pilot projects have started at Herzogenaurach and Schweinfurt … Read the full press release

ABP Boosts Plymouth’s Summer Events with Sponsorship and Infrastructure Investments

(IN BRIEF) Associated British Ports (ABP) is sponsoring two major events in Plymouth this summer: the British Firework Championships on August 14-15 and the World Cadet Championships, running until August 9. The firework event supports the Royal National Lifeboat Institution … Read the full press release

EIB Boosts Healthcare Infrastructure in Castilla y León with €120 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has committed €120 million in the first tranche of financing, out of a total of €175 million, to the regional government of Castilla y León in Spain. The loan aims to facilitate the … Read the full press release

Loughborough University Hosts Manufacturing and Trade Conference to Drive Regional Growth

(IN BRIEF) Loughborough University is set to host the East Midlands Chamber’s Manufacturing and Trade Conference on March 26, focusing on key themes of investment, innovation, infrastructure, and international trade. With a lineup of keynote speakers, workshops, and panel discussions, … Read the full press release

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

EIB Group Commits €359 Million to Support Slovenian Projects in 2023, Bolstering Infrastructure and Energy Sectors

(IN BRIEF) The European Investment Bank Group (EIB Group) has reported a successful year in 2023, allocating €359 million in new commitments to projects in Slovenia. These investments are aimed at boosting economic growth and preserving jobs in Slovenia and … Read the full press release

Holcim Announces Intent to List North American Business, Creating Leading Building Solutions Company

(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

European Commission Approves Quantum Key Distribution Infrastructure for Enhanced Cybersecurity

(IN BRIEF) The European Commission has awarded a consortium led by Deutsche Telekom, named “Nostradamus,” the task of constructing testing infrastructure for quantum key distribution (QKD). This initiative will facilitate the evaluation of QKD devices from European manufacturers, a crucial … Read the full press release

Maersk Partners with Tamil Nadu Government to Boost Trade and Logistics Infrastructure

(IN BRIEF) A.P. Moller – Maersk (Maersk) has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu during the Tamil Nadu Global Investors Meet 2024 to explore strategic investment opportunities in land development for logistics hubs, warehousing … Read the full press release

EBRD Commits €65.9 Million to Enhance Infrastructure and Climate Resilience in Kyrgyz Republic

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has pledged €65.9 million in sovereign loans and grant funding to improve the electricity and water supply systems in the Kyrgyz Republic, addressing critical infrastructure and climate resilience needs. The … Read the full press release

Europe’s Critical Infrastructure Faces Growing Threat from Extreme Rainfall Events

(IN BRIEF) Europe is experiencing a surge in extreme rainfall events, driven by climate change, leading to substantial financial consequences. Sweco’s “Expect the Unexpected: Floods and Critical Infrastructure” report highlights the urgent need for resilient urban infrastructure. It emphasizes asset-level … Read the full press release

EIB Provides €25 Million Loan to Lithuanian Municipal Water Company for Infrastructure Investment

(IN BRIEF) The European Investment Bank (EIB) has signed a €25 million loan agreement with Klaipėdos vanduo, the municipal water company in Klaipėda, Lithuania, to support its 2023-2026 investment program. The investment program aims to enhance water supply and wastewater … Read the full press release

Siemens Invests $150 Million in High-Tech Manufacturing Plant to Support U.S. Data Centers and Infrastructure

(IN BRIEF) Siemens has revealed a $150 million investment in a new advanced manufacturing plant located in Dallas-Fort Worth. The facility will produce cutting-edge electrical equipment to support American data centers and critical infrastructure, catering to the growing demand for … Read the full press release

Ericsson Receives High Marks in Gartner’s 2023 Critical Capabilities Report for 5G Network Infrastructure

(IN BRIEF) Ericsson, a global leader in telecommunications technology, has achieved recognition in Gartner’s 2023 Critical Capabilities 5G Network Infrastructure for Communications Service Providers, 5G Core report. In a comprehensive analysis, Ericsson excelled in multiple use cases, securing the highest … Read the full press release

Associated British Ports (ABP) Explores Offshore Wind Infrastructure Development in Cromarty Firth

(IN BRIEF) Associated British Ports (ABP) has unveiled plans to investigate the potential development of infrastructure in the Cromarty Firth, Scotland, to support offshore wind (OSW) manufacturing, assembly, and marshalling, as well as green energy initiatives. This area, located within … Read the full press release

Italy Greenlights Tyrrhenian Link, a Major Milestone in Clean Energy Infrastructure

(IN BRIEF) Italy’s Ministry of the Environment and Energy Security has granted authorization for the Tyrrhenian Link, a transformative project by Terna connecting Sardinia, Sicily, and Campania via a direct current submarine power line. This crucial development, part of Italy’s … Read the full press release

Wood Selected to Upgrade Power Transmission Infrastructure in Northern Scotland for Renewable Energy Expansion

(IN BRIEF) Wood has been chosen as a preferred bidder for the Scottish and Southern Electricity Network (SSEN) Transmission’s Accelerated Strategic Transmission Investment (ASTI) framework. This selection will facilitate the upgrade of onshore power transmission infrastructure in northern Scotland, supporting … Read the full press release

From South to North: Construction group Webuild’s 31 Italy Projects Transform Mobility Paradigm

(IN BRIEF) Construction group Webuild is making significant strides in Italy’s infrastructure development, overseeing 31 major projects in collaboration with a network of 10,500 companies. With a dedicated workforce exceeding 16,300, these initiatives span the entire country, from North to … Read the full press release

Webuild Announces Seasoned Leader Gianni De Gennaro as Chairman of Eurolink for Sicily-Calabria Bridge Project

(IN BRIEF) Webuild has appointed Gianni De Gennaro as the chairman of Eurolink, the General Contractor responsible for constructing the Sicily-Calabria Bridge in southern Italy. De Gennaro’s selection is based on his extensive experience in both the public and private … Read the full press release

Europe’s Digital Targets at Risk Without Regulatory Action, Warns Vodafone

Vodafone Urges Regulatory Reboot to Safeguard Europe's Digital Future

(IN BRIEF) Vodafone has warned that Europe’s digital future is at risk without a reboot of regulations. The company is calling for decisive action from the European Commission to address challenges in the telecommunications sector and ensure that Europe’s digital … Read the full press release

Volvo Group Drives Dialogue between Policymakers and Industry at Mobility Transformation Forum in Brussels

(IN BRIEF) Volvo Group is hosting its annual Mobility Transformation Forum in Brussels, emphasizing the need for dialogue between policymakers and the industry on the future of mobility. The event will showcase Volvo Group’s investments in fossil-free propulsion technologies and … Read the full press release

Sweco to Lead Preliminary Research on Hydrogen Routes for Fluxys Belgium’s Pipeline Network

(IN BRIEF) Infrastructure company Fluxys Belgium has partnered with Sweco to prepare its pipeline network for the transportation of hydrogen and CO2. Sweco has been assigned to conduct a feasibility study and preliminary research for multiple hydrogen routes in Ghent … Read the full press release

EnBW’s Q1 2023 adjusted EBITDA expected to be €2.8 billion, driven by sustainable generation infrastructure

(IN BRIEF) EnBW, a German energy company, has reported a significant increase in its first-quarter operating result, with a Group adjusted EBITDA of €2.8 billion, compared to €1.2 billion generated in the same period last year. The earnings growth was … Read the full press release

TenneT signs contracts for Europe’s largest-ever tender award for energy transition infrastructure

(IN BRIEF) Transmission system operator TenneT, Hitachi Energy/Petrofac, and three consortium partnerships GE/Sembcorp (SMOP), GE/McDermott, and Siemens Energy/Dragados have signed contracts to seal Europe’s largest-ever tender award for energy transition infrastructure. The total volume of the contracts for the components … Read the full press release

Indra wins €12.5m contract to equip Angola’s M’Banza Congo airport with digital infrastructure and automation

(IN BRIEF) Spanish technology and consulting company Indra has won a €12.5m ($14.6m) contract to equip the new M’Banza Congo airport in Angola. Indra will supply ground and air systems, digitising infrastructure and automating processes to reduce the risk of … Read the full press release

Abertis French subsidiary Holding d’Infrastructures de Transport (HIT) successfully manages debt with €500M bond issue and interest rate hedging

(PRESS RELEASE) BARCELONA, 12-Jan-2023 — /EuropaWire/ — Abertis, the world leader in the management of toll roads and infrastructure and owned by Abertis Holdco SA, has announced that its French subsidiary Holding d’Infrastructures de Transport (HIT) has successfully placed an … Read the full press release

Vienna Stock Exchange unveils new data distribution infrastructure, 4x faster than before

(PRESS RELEASE) VIENNA, 11-Jan-2023 — /EuropaWire/ — Wiener Börse AG, the operator of the stock exchanges in Vienna and Prague, has announced the launch of its new market data distribution infrastructure. This system upgrade will enable over 270 customers to … Read the full press release

Saint-Gobain expands construction chemicals portfolio with acquisitions in Brazil and Egypt

(PRESS RELEASE) COURBEVOIE, 4-Jan-2023 — /EuropaWire/ — Saint-Gobain (EPA: SGO), a French multinational producer of construction, high-performance, and other materials, has announced that it has completed the acquisition of Matchem in Brazil and is in exclusive negotiations to acquire IDP … Read the full press release

KfW IPEX-Bank Focuses on Sustainability and Customer Transformation in Organizational Repositioning

(PRESS RELEASE) FRANKFURT AM MAIN, 30-Dec-2022 — /EuropaWire/ — KfW IPEX-Bank, an international project and export finance bank and a wholly owned subsidiary of KfW, a German state-owned investment and development bank, has announced that it will undergo a reorganization … Read the full press release

KfW IPEX-Bank se concentre sur la durabilité et la transformation des clients dans le repositionnement organisationnel

(COMMUNIQUÉ DE PRESSE) FRANKFURT AM MAIN, 30-Dec-2022 — /EuropaWire/ — KfW IPEX-Bank, une banque internationale de financement de projets et d’exportations et une filiale à 100% de KfW, une banque publique allemande d’investissement et de développement, a annoncé qu’elle allait … Read the full press release