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Home » Topics » Business » Finance

Finance
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Global construction spending and investment trends; project finance; public-private partnerships; bankruptcy and default; insurance and surety bonding

ARTICLES

KakonoDamTanzania.jpg

Tanzania Hydropower Project Secures Financing

Shem Oirere
May 15, 2023
No Comments

The effort to build the 87.8-MW Kakono power plant secured $300 million in funding, paving the way for its engineering, procurement and construction phase to begin.


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HaliadeXturbine_900x550.jpg

Massachusetts, NJ Push New Offshore Wind Energy Infrastructure

Powersheadshot.jpg
Mary B. Powers
Debra K. Rubin
Debra K. Rubin
May 5, 2023
No Comments

New England state reveals details of fourth round of developer bids—with new terms on cost hikes—while New Jersey launches expanded bid for ocean-to-shore power transmission options and permits first construction of 1.1-GW Orsted project.



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Calgary_Green_Line_ENRweb.jpg
Transit

Barnard-Flatiron-WSP Team Picked for Calgary Light Rail Development

James-Leggate.jpg
James Leggate
May 3, 2023
No Comments

Phase 1 of the Calgary Green Line project would add 11 miles of dual track and 13 stations.


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Government

Congressional Debt-Ceiling Debate Has Focus on Permit Reforms

Senate Democrats call House-passed bill "dead on arrival," but permitting measures could receive bipartisan support.
Pam_McFarland
Pam McFarland
Tom Ichniowski
Tom Ichniowski
April 27, 2023
No Comments

Senate Democrats call Republican-backed House bill passed on April 26 as "dead on arrival," but measures in it to speed permitting could gain bipartisan support. 


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Image-1-Rio-Grande-LNG.jpg
Natural Gas

Big LNG Projects Get Awaited Federal OKs, But With New Scrutiny

Powersheadshot.jpg
Mary B. Powers
Debra K. Rubin
Debra K. Rubin
April 26, 2023
No Comments

Bechtel Energy is EPC contractor for the Rio Grande LNG project, with its $11.5B price agreement for the first three trains extended to June 15 and a final investment decision by developer Next Decade to be made by June 30.


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IMG_NECEC..jpg
Clean Energy Construction

Jury: $1B Hydropower Line in Maine Can Finish Construction

Johanna Knapschaefer
Johanna Knapschaefer
April 21, 2023
No Comments

Despite a unanimous decision that halted NECEC project developer Avangrid has enough cash invested to legally resume construction despite a 2021 state voters' block, the firm CEO told investors April 26 it won't know work restart schedule until after mid year.


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2022_Climate_Act_ENRwebready.jpg

EPA Outlines $27B Climate Act Grant Fund for Clean Energy Projects

Tom Ichniowski
Tom Ichniowski
April 19, 2023
No Comments

Greenhouse Gas Reduction Fund advances with potential grants for thousands of projects, including half set for low-income and disadvantaged areas, but House GOP has already signaled intent to repeal it.


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DamSafety2023.jpg
Water & Dams

Report: Costs Soaring for Upgrades of Non-Federal Dams

Tom Ichniowski
Tom Ichniowski
April 17, 2023
No Comments

High-hazard dams' upgrade costs rise more than 40% since 2022 report.


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Columbia.Gtanholm.jpg
Energy Construction

Energy Transition Players Seek Ways to Fast-Track Needed Projects

Debra K. Rubin
Debra K. Rubin
Powersheadshot.jpg
Mary B. Powers
April 16, 2023
No Comments

DOE Chief Jennifer Granholm told Columbia U. summit the president is "obsessed" with project permit reform and expedited approvals—as G7 climate ministers agreed April 16 to pursue common goal of net zero through "various pathways," while still supporting natural gas development.



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Tellurian-boosts-gas-production-as-Driftwood-LNG-work-progresses.jpeg
Natural Gas Construction

Gulf LNG Project Tries New Finance Move to Propel Work

Powersheadshot.jpg
Mary B. Powers
April 11, 2023
No Comments

Bechtel-led construction of $13.6B Driftwood export terminal could be advanced by developer Tellurian's decision to sell large part of the site to an unnamed investor and lease it back for 40 years.


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More Articles Tagged with 'Finance'
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