Tag Archives: infrastructure

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