Teri

United States

Microsoft Green Lights Second Phase of “World’s Most Powerful AI” Data Centre

Microsoft announced an additional $4 billion investment over the next three years for its data centre complex in Fairwater, Mount Pleasant, Wisconsin, bringing …

United States

US Company Buys Hexagon’s Design and Engineering Arm for €2.7bn

American software company Cadence has announced the €2.7 billion acquisition of the design and engineering branch of Sweden’s Hexagon. The deal inclu…

United Kingdom

GRAHAM Wins Contract for Oasis Academy Temple Quarter Project in Bristol

GRAHAM, a privately owned UK construction company, has been awarded a contract by the Department for Education to build the new Oasis Academy in Bristol. The se…

South Korea

SK on Completes New Pilot Plant for All-Solid-State Batteries

SK On, part of South Korea’s SK Group, completed its all-solid-state battery (ASSB) pilot plant on September 15 at the SK On Institute of Future Technolog…

United States

Ground Finally Breaks on 3-Billion-Can-A-Year Drinks Factory

Construction has begun on a large-scale production, manufacturing, and distribution facility in Concord, North Carolina, designed for drinks makers Red Bull and…

LNG

Spain-Headquartered Asterion Comes on Board France’s Largest LNG Terminal

Asterion Industrial Partners, an investment management company headquartered in Madrid, has expanded its European energy portfolio by acquiring a stake in one o…

United States

GSK Announces $1.2bn Spend on AI and Manufacturing Facilities Across US

GSK, a UK-headquartered pharmaceutical company, has announced plans to invest $1.2 billion in manufacturing facilities and digital technology in the United Stat…

United Kingdom

Go-Ahead for Four Towers at Elephant & Castle Site

Southwark councillors have approved plans to redevelop Skipton House at Elephant and Castle into one of South London’s largest mixed-use schemes. The proj…

Poland

Strabag Wins €298M Contract to Modernise Polish Rail

Austria’s Strabag, through its Polish subsidiary, has secured a €298m contract from national railway operator PKP to carry out major works around Mak…

United Kingdom

Fusion Group Wins Planning Permission for Second PBSA at Brent Cross Town

Fusion Group has received planning permission for its second purpose-built student accommodation (PBSA) building at Brent Cross Town, a large mixed-use developm…

United States

Canada Unveils $13BN Housing-Crisis Plan for Modular Homes on Federal Land

On September 15, Canada announced a US$9.4 billion (C$13 billion) initiative to expand affordable housing nationwide. The plan emphasizes prefabricated modular …

United States

Bulkhead Replacement Project Starts at Florida’s Port Everglades

Construction has begun on the Port Everglades Bulkhead Replacement Project in Fort Lauderdale, Florida. The initiative is part of Broward County’s Capital…

Italy

Construction Begins on Italy’s Campolattaro Dam Project

Civil engineering company Ghella has officially commenced construction works on the Campolattaro Dam project in Benevento province, Italy. The initiative marks …

Sweden

LKAB Plans New Skr6bn Sorting Facility at Malmberget Mine in Sweden

LKAB has announced plans to construct a new sorting facility at its Malmberget mine in Gällivare, Sweden, with an investment of Skr6 billion ($640.38 milli…

Sweden

NCC Secures Two Asphalt-Laying Contracts in Northern Sweden

Construction company NCC has secured two asphalt-laying contracts in northern Sweden, with a combined value of approximately Skr175 million ($18.68 million). Th…