DBRS Morningstar Places Enbridge Inc. Under Review With Developing Implications, BBB (high), Following Its Announced Acquisition of Three Natural Gas Utilities From Dominion Energy, Inc.
DBRS Limited (DBRS Morningstar) placed all ratings on Enbridge Inc. (ENB or the Company) and Enbridge Energy Partners, L.P. Under Review with Developing Implications. The rating actions follow the announcement on September 5, 2023, that ENB has entered into definitive agreements (the Acquisition) with Dominion Energy, Inc. to acquire (1) East Ohio Gas Company (EOG); (2) Questar Gas Company (Questar Gas) and its related Wexpro companies (Wexpro, and collectively with Questar Gas, Questar); and (3...
De Nora signs MOU with ACWA Power to accelerate energy transition & water desalination in Saudi Arabia
Coalition reaffirms De Nora’s ongoing commitment to the development of the Kingdom MILAN (5 Sept. 2023) – Industrie De Nora S.p.A. (“De Nora”), an Italian multinational company listed on the Euronext Milan, specialized in sustainable electrochemical technologies and in the emerging green hydrogen industry, has been selected by Saudi-listed ACWA Power, the world’s largest private water desalination company, to enter into a close collaboration to advance the energy transition via the produ...
Metsä Wood and SRV have signed an agreement to build a Kerto LVL mill in Äänekoski
Metsä Wood and construction company SRV have signed an agreement for the construction of Metsä Wood's new Kerto LVL mill in Äänekoski, Finland. SRV will be the main contractor for the project, which will be carried out as a cooperative project management contract. “Our choice of partner was influenced by SRV's expertise in industrial project construction and the contract model based on close cooperation,” says Jaakko Anttila, EVP, Metsä Wood. Metsä Wood decided to build a new Kerto LVL mi...
De Nora Wins Contract for Major Natural Gas Expansion Project in Persian Gulf
SEACLOR® electrochlorination systems selected for biofouling control MILAN – De Nora, an Italian multinational company listed on the Euronext Milan, specialized in sustainable electrochemical technologies and in the emerging green hydrogen industry, in partnership with SAIPEM through its subsidiary Servizi Energia Italia S.p.A., has been selected to provide its on-site hypochlorite generation technology for biofouling control at a major offshore gas production compression complex in the...
Yunex Traffic Announces Major Agreement with Bay Area Toll Authority (BATA)
The Bay Area Toll Authority, one of America’s most respected agencies, signed an agreement entrusting Yunex Traffic with express lane and bridge tolling facility maintenance including seven bridges and multiple highways. While Yunex Traffic is recognized globally for its leading-edge traffic management solutions, the company is also a leader in field services and infrastructure maintenance. Within the contract, Yunex Traffic will also provide access to fully integrated, simple to use soft...
Simpson Strong-Tie Renews and Strengthens Partnership with Building Talent Foundation to Continue Promoting Careers in the Trades
Pleasanton, Calif. — Simpson Strong-Tie, the leader in engineered structural connectors and building solutions, has renewed and expanded its strategic alliance with Building Talent Foundation for another three years. Building Talent Foundation is a national nonprofit organization focused on connecting young people and people from underrepresented groups to skilled trades training and career opportunities. The collaboration aims to stimulate the growth of the residential construction industry wor...
Martinus North America, Inc. Announces First North American Acquisition
Denver and Sydney - August 28, 2023 - Rail systems and infrastructure specialist Martinus North America, Inc. has entered into a purchase agreement to acquire Bottom Line Company LLC, headquartered in Lee’s Summit, Missouri. The acquisition of Bottom Line is the first of its kind in North America for Martinus, which is one of the world's fastest growing railroad infrastructure businesses with current operations in Australia, New Zealand, and South America. Bottom Line Company has grown to be...
Simpson Strong-Tie Donates $100,000 to American Red Cross Disaster Relief Fund to Aid Recovery from Maui Fires
Pleasanton, Calif. — As fires continue to burn in Lahaina on Maui, Hawaii, destroying more than 2,200 structures and displacing thousands of residents, Simpson Strong-Tie is donating $100,000 to the American Red Cross Disaster Relief Fund to help with immediate relief efforts. The Red Cross opened 12 emergency shelters in Maui and Oahu for evacuees, and they have more than 300 trained disaster relief workers who are providing relief supplies, health services, support for finding miss...
HCSS Announces its Partnership with Clearstory to Help Streamline Operations
This partnership further integrates clear oversight and helps contractors and their customers streamline the documentation of time and materials work SUGAR LAND, Texas -- HCSS, a leading provider of software helping heavy civil construction businesses streamline their operations, announce a new integration and partnership with Clearstory, the commercial construction industry's only Change Order communication tool purpose-built to reduce risk for all stakeholders. This purpose-built integra...
Morgan Stanley Infrastructure Partners, Crowley Advance U.S. Wind Energy
(NEW YORK) – Morgan Stanley Investment Management (“MSIM”), through Morgan Stanley Infrastructure Partners (“MSIP”), and U.S. maritime, energy and logistics solutions leader Crowley announced today the creation of a new joint venture to advance offshore wind energy solutions for the United States. The joint venture will strategically combine Crowley’s end-to-end maritime and logistics capabilities through the newly created Crowley Wind Services Holdings, LLC (“Crowley Wind Services Holdings”...