Unfavourable Gusts: Cost Inflation Distressing Offshore Wind Projects, Earnings, and Credit Quality
Summary DBRS Morningstar published a commentary titled “Unfavourable Gusts: Cost Inflation Distressing Offshore Wind Projects, Earnings, and Credit Quality.” Key points include: -- The strong growth realized in recent years by the offshore wind power industry is being challenged by significant cost inflation. -- The increase in industry costs would meaningfully reduce project returns and result in lower-than-anticipated future cash flows. -- The industry is likely to receive some fo...
Superior Construction’s Wekiva Parkway Section 6 Project Wins DBIA Florida Award
Innovative project also receives FTBA’s Best in Construction Award JACKSONVILLE, Fla. (AUGUST 2, 2023) — Superior Construction, an American family-owned infrastructure contractor, has received the 2023 Design-Build Institute of America Florida Region’s Transportation Structures Honor Award for its Wekiva Parkway Section 6 project. The contractor’s signature project was also awarded the Florida Transportation Builders’ Association 2023 Best in Construction Award in the design-build catego...
IFC and Switzerland Expand Partnership to Build Climate-Resilient Urban Infrastructure in Emerging Markets
Paris, August 2, 2023—IFC, the private sector arm of the World Bank, signed an agreement with the government of Switzerland to begin the second phase of the Sustainable Cities program, which supports green urban infrastructure development in emerging markets. IFC’s Sustainable Cities program provides assistance to subnational governments and private sector partners, helping them attract investments and financing for urban infrastructure projects in a range of sectors. These sectors include tr...
CIRCOR Further Enhances Digital Experience with Updates to the CIRCORSmart™ App
New features include hydrogen ready check and information about spare parts and products CIRCOR International, Inc., a leading manufacturer and marketer of differentiated technology products and sub-systems, continuously enhances the digital experience of its consumers by updating its industry leading CIRCORSmart™ app. This app provides a broad range of capabilities, giving users secure, round-the-clock access to critical technical information for over 860,000 products from any web-conn...
Copenhagen Infrastructure Partners and Ignitis Group enter partnership in Estonia and Latvia
Ignitis Group's subsidiary, Ignitis Renewables and Copenhagen Infrastructure Partners (CIP), through its New Markets Fund, have signed an agreement to collaborate exclusively on offshore wind opportunities in Estonia and Latvia. The partnership leverages Ignitis Group’s leading market position in the Baltic region and CIP’s global offshore wind expertise. COPENHAGEN, Denmark and VILNIUS, Lithuania - Estonia's adoption of a legal framework for offshore wind site allocation has paved the way for...
Oldcastle Infrastructure Announces Smart Water Technology Leak Detection Partnership with FIDO Tech
(Atlanta, GA) – Oldcastle Infrastructure, a CRH Company, and a leader in innovative infrastructure solutions, today announced its entry into the smart water market through a strategic partnership with FIDO Tech, a UK-based Artificial Intelligence (AI) and technology solutions provider, to deliver unparalleled leak detection and broader water management and conservation solutions in the United States. The United States loses roughly two trillion gallons of treated drinking water annually, cost...
Harnessing the Power of UV Treatment: Driving Global Momentum for Sustainable Wastewater Reuse
Giuseppe Faretra, Regional Sales Manager for West and Central Europe, Nuvonic Governments worldwide are striving to find effective solutions to address our planet’s environmental challenges. One area that’s coming into sharp focus is the treatment and reuse of municipal wastewater. Wastewater treatment facilities play a vital role in maintaining public health by removing harmful contaminants from wastewater before it’s released into the environment. These contaminants may include path...
Ajlan & Bros Holding and SolarEdge Technologies form Joint Venture to Accelerate Solar Adoption in the Kingdom of Saudi Arabia
The joint venture between ABH and SolarEdge is being formed to support the deployment of smart renewable energy solutions in Saudi Arabia, in-line with the Saudi Vision 2030 initiative RIYADH, Saudi Arabia and MILPITAS, Calif. – SolarEdge Technologies, Inc. (“SolarEdge”) (NASDAQ: SEDG), a global leader in smart energy technology, announced today the forming of a joint venture (JV) with Ajlan & Bros Holding (ABH), one of the largest private sector conglomerates in the Middle East and Nort...
KOVA Welcomes Brent Sturgell as Head of HVAC Business
A Prolific Innovator, and Industry Expert, Sturgell Leads KOVA into a New Generation of Intelligent HVAC Offerings DALLAS, TEXAS — KOVA, a leader in building material solutions, welcomes Brent Sturgell as the Head of HVAC, a new product vertical for the brand. With a remarkable industry track record, having spearheaded the development and launch of many successful HVAC products over the years, Sturgell will lead KOVA’s entry into the market with a new era of intelligent HVAC offerings. U...
DIGroup Architecture Named Recipient of the 2023 Empowering Women Award
Honor Recognizes Innovative Efforts to Advance Women in the Workplace & Community New Brunswick, NJ / Philadelphia, PA – Founded on a commitment to combat inequality within the architecture, construction and engineering (ACE) professions, DIGroup Architecture (DIG) is being recognized with NJBIZ’s 2023 Empowering Women Award for its efforts to lead the way in supporting and elevating women. The inaugural honor from the business magazine is designed to showcase tangible and innovative eff...
Stormwater Interview with Robert Page, P.E., Vice President, HNTB
TriMet’s Banfield Type 1 Substation Replacement Project
February Issue 2026
