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Power Construction
ADB, World Bank Commit $12.5 Billion to ASEAN Power Grid Plan
The World Bank, Asian Development Bank (ADB), and the Association of Southeast Asian Nations (ASEAN) have announced a joint financing initiative to advance the …
Metal
Appian, World Bank Start $1B Critical Minerals Fund
UK private equity firm Appian Capital Advisory has partnered with the International Finance Corporation (IFC), a World Bank subsidiary, to launch a $1 billion c…
Saudi Arabia
Saudi Arabia Selects Contractor for $1.4bn Performing Arts Centre
Saudi Arabia’s Qiddiya Investment Company has awarded a construction contract worth about $1.4 billion to local contractor Nesma & Partners for the develo…
Electricity Transmission
AEP Secures $1.6bn Federal Loan Guarantee for Power Line Upgrades in Midwest
American Electric Power (AEP), through its subsidiary AEP Transmission, has received a $1.6 billion loan guarantee from the U.S. Department of Energy’s (D…
Electricity Transmission
New York Approves Power Line for Micron’s $100 Billion Semiconductor Plant
The New York State Public Service Commission has approved a new underground transmission line connecting the existing Clay substation with Micron Technology&rsq…
India
Google Plans $15BN AI Hub in India
Google has announced a $15 billion investment from 2026 to 2030 to develop artificial intelligence (AI) infrastructure in India, focusing on a new hub in Visakh…
United States
Meta Commits $1.5 Billion for AI Data Center in Texas
Meta Platforms (META.O) announced on Wednesday that it will invest $1.5 billion to build a new data center in El Paso, Texas, marking its 29th facility worldwid…
Wind Turbine
Ming Yang Announces $2BN Investment to Set Up Wind Turbine Plant in Scotland
Ming Yang Smart Energy, a prominent Chinese wind turbine manufacturer, has unveiled plans to invest up to £1.5 billion ($2 billion) in establishing a manu…
Oil & Gas Trade
Algeria Signs $5.4 Billion Oil and Gas Deal With Saudi Firm Midad Energy
Algeria’s state-owned energy company Sonatrach announced on Monday that it has signed a production-sharing contract worth approximately $5.4 billion with …
Wind Turbine
Chinese Wind Turbine Maker to Invest up to $2 Billion in Scottish Factory
Chinese wind turbine manufacturer Ming Yang Smart Energy announced on Friday that it will invest up to 1.5 billion pounds ($2 billion) to establish a wind turbi…
Brazil
Brazil to Begin Construction on TikTok Data Center in Six Months, Minister Says
Brazil’s Mines and Energy Minister Alexandre Silveira announced on Friday that construction of TikTok’s data center in the country will begin in six…
Oil Refinery
BPCL Secures Land for $11 Billion Refinery Project in Southern India
India’s state-run Bharat Petroleum Corporation Limited (BPCL) will invest nearly $11 billion to construct a new refinery with a capacity of 180,000 to 240…
Green Hydrogen
RWE Withdraws From $10 Billion Namibia Green Hydrogen Project
German utility RWE announced on Monday that it has withdrawn from Namibia’s $10 billion Hyphen green ammonia project. The move marks a setback for Namibia…
Metal
Argentina Approves McEwen’s $2.7 Billion Copper Project for Tax Break Program
On Friday, Argentina granted approval for McEwen Copper’s $2.7 billion Los Azules copper project to benefit from the Large Investment Incentive Regime (RI…
United States
Designer Picked for $2Bn New York Subway Extension
Cowi, a Denmark-based design and engineering consultancy, has been selected as the lead designer for the second phase of New York City’s Second Avenue Sub…
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