Tag Archives: infrastructure

Siemens Partners with UAE Ministry of Energy and Infrastructure for Landmark Decarbonization Program

(IN BRIEF) Siemens has partnered with the UAE Ministry of Energy and Infrastructure to retrofit 60 government buildings with energy-efficient technologies as part of a decarbonization program aligned with the UAE’s net-zero emissions goal by 2050. The program aims to … Read the full press release

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