News

On June 30, 2023, Copenhagen Infrastructure Partners (CIP) achieved a significant milestone with the first close of its fifth flagship fund, Copenhagen Infrastructure V (CI V), attracting EUR 5.6 billion in capital commitments. Multiple leading institutional investors across...

Egis has been appointed as the Project Management Consultant for the new Kuwait Airways Tower project in Qibla, Kuwait. Kuwait Airways Company (KAC) aims to construct a state-of-the-art, LEED-certified multi-purpose tower that adheres to the highest technical and...

Skanska, one of the world's leading construction companies, has announced a major contract win in collaboration with Black & Veatch. The partnership has signed a significant agreement with the Defence Infrastructure Organisation, acting on behalf of the U.S....

On 3 July 2023, Lendlease, a leading global real estate company, announced the appointment of Andrea Ruckstuhl as CEO of then European Branch, effective immediately. Andrea replaces Neil Martin, who will retire by 30 September 2023. Tony Lombardo,...

Vestas, the Danish leading wind turbine manufacturer, has secured a significant order from Greenbacker Capital Management, a prominent renewable energy asset manager. The 59 MW order is for the Moscow Wind project located in Maine, USA. The project will...

ENGIE was the successful bidder in the concession auction organized by the Brazilian Electric Energy Agency (Aneel) on June 30, which took place at the São Paulo Stock Exchange – B3. Aneel procured nine different lots through a...

The State of Victoria (Australia), through the Victorian Health and Building Authority, has shortlisted 2 consortia to second stage of the tendering process Melton Hospital PPP Contract. These consortia consist of construction companies, sponsors, and facilities management providers. The...

Jacobs has entered into an Engineering Partnering Agreement (EPA) with Fortescue Future Industries (FFI) to support FFI's global targets for ammonia production, green hydrogen, and renewable energy projects. FFI, a worldwide green energy company dedicated to generating zero-carbon...

Skanska, in a JV with Halmar International LLC, has recently entered into an agreement with the Port Authority of New York and New Jersey for the development of the John F. Kennedy International Airport Central Terminal Area Roadways,...

Hyundai Engineering & Construction Co., Ltd. (HDEC) has secured two significant contracts pertaining to the expansion of a petrochemical project at the SATORP refinery in Jubail, Saudi Arabia. HDEC has been the successful tenderer in packages 1 and...