infrastructure_investment

Pritzker Addresses 1,000+ Ironworkers at 45th International Convention

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Pritzker Addresses 1,000+ Ironworkers at 45th International Convention

Chicago – September 07, 2026 -- Illinois Governor JB Pritzker addressed more than 1,000 ironworkers from the United States and Canada at the International Association of Bridge, Structural, Ornamental and Reinforcing Iron Workers' 45th International Convention, held in Chicago from August 31 through September 4.

Union delegates gather to set policy for 130,000 North American members

The convention brings together ironworkers, union leaders and industry partners to elect officers, set policy and adopt the union's agenda for the next five years. The Iron Workers Union represents 130,000 members across North America who work on bridges, structural steel, ornamental and architectural metals, clean energy infrastructure, rebar and fabrication shops.

CIGRE Paris: Grid Investment Must Hit $600B/Year by 2030

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CIGRE Paris: Grid Investment Must Hit $600B/Year by 2030

Paris – September 07, 2026 -- The International Energy Agency estimates annual global grid investment must rise roughly 50%, from about $400 billion today to nearly $600 billion by 2030, to keep pace with surging electricity demand. The figures were central to discussions at the CIGRE Session 2026 in Paris, which drew more than 15,000 experts from 100 countries and 330 exhibitors.

Electrification of transport, industry and data centers strains existing grids

Rising demand from electric transport, industrial electrification, building conversion, renewable integration and data-center growth is pushing power systems toward their operational limits, according to CIGRE.

Skanska Wins $57M Contract to Rebuild Del Mar Traffic Corridor

Del Mar – September 07, 2026 -- Skanska has signed a USD 57 million (about SEK 530 million) contract with the City of San Diego to expand the El Camino Real corridor between Half Mile and Via De La Valle in Del Mar, California. The contract will be booked in Skanska USA's third-quarter 2026 order intake.

Contract widens El Camino Real to four lanes and replaces an 84-year-old bridge

The project will widen El Camino Real to four lanes and replace the existing San Dieguito River Bridge, which has stood for 84 years. Construction will upgrade drainage infrastructure to cut flooding risk and add riverbank stabilization to protect the corridor from erosion along the San Dieguito River.

ASUR Closes $992.2M Deal for Motiva's Airports in Brazil, Ecuador, Costa Rica

Mexico City – September 7, 2026 -- Grupo Aeroportuario del Sureste (NYSE: ASR; BMV: ASUR) has closed its acquisition of Motiva Infraestrutura de Mobilidade S.A.'s (B3: MOTV3) entire equity interest in Companhia de Participações em Concessões (CPC) for R$5.1 billion (US$992.2 million), following customary closing adjustments.

ASUR finalizes $992.2 million purchase after all conditions precedent are met

The transaction follows the agreement signed on November 18, 2025, and was completed after satisfaction of all conditions precedent. ASUR financed the purchase through a loan facility arranged at the time it submitted its offer to Motiva.

Juneau Fixes Cruise-Season Wi-Fi Crisis With 45-Day Network Build

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Juneau Fixes Cruise-Season Wi-Fi Crisis With 45-Day Network Build

Juneau, Alaska – September 05, 2026 -- A public Wi-Fi network built for Alaska's capital has offloaded more than 20 to 30 terabytes of cellular traffic and served over 103,000 unique users during a single 30-day peak-season stretch, more than three times Juneau's year-round population, without adding a single employee to run it.

Cruise crowds overwhelmed carrier networks and city payment systems

Up to 16,000 extra visitors a day during cruise season jammed downtown Juneau's cellular capacity, knocking out point-of-sale terminals, parking kiosks and basic phone calls. Crowds gathered outside the downtown library, the only reliable signal source, just to get online. With carriers offering no fix, the City and Borough of Juneau opted to build its own network and hired Northriver IT to design, deploy and manage it.

Summit Midstream Greenlights $100M Double E Pipeline Expansion

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Summit Midstream Greenlights $100M Double E Pipeline Expansion

Houston – September 03, 2026 -- Summit Midstream Corporation (NYSE: SMC) has reached a final investment decision on a mainline compression expansion for its Double E Pipeline, backed by a new 200 MMcf/d long-term firm transportation agreement with an investment-grade shipper.

Open season secures 550 MMcf/d of new take-or-pay commitments

Double E Pipeline, LLC concluded an open season that generated 550 MMcf/d of binding long-term commitments, pushing total contracted firm capacity on the system to approximately 2.2 Bcf/d. The expansion will add a bi-directional mainline compressor station that increases forward haul capacity to the Waha Hub by roughly 900 MMcf/d, with an in-service target of the fourth quarter of 2028. Double E has already placed a purchase order for the long-lead gas turbine compression units to lock in manufacturing slots, though the project still requires FERC and other regulatory approvals.

ePointZero to Buy 90% of Africa's Azura Power in Major Energy Deal

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ePointZero to Buy 90% of Africa's Azura Power in Major Energy Deal

Abu Dhabi, UAE – September 03, 2026 -- ePointZero, a subsidiary of 2PointZero Group, has agreed to acquire a 90% stake in Azura Power Holdings, a pan-African independent power producer with 752 MW of operating capacity across Nigeria, Senegal and Mozambique.

ePointZero enters African power generation via a 752 MW operating platform

The deal marks ePointZero's first entry into African power generation, acquiring the ownership stakes previously held by Actis and Africa50 through a new acquisition vehicle formed with Amaya Capital. Azura Power's founding partner, Amaya Capital, will retain a 10% minority interest, having built the platform since 2010.

Phoenix Tower Locks $6.5B Financing Across 23 Jurisdictions

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Phoenix Tower Locks $6.5B Financing Across 23 Jurisdictions

BOCA RATON, Fla. -- September 01, 2026 -- Phoenix Tower International (PTI) has signed a $6.5 billion multi-jurisdiction financing package, the largest such deal for a privately held tower company in the wireless infrastructure sector.

Prasco Buys 130,000-Sq-Ft Carey, Ohio Facility to Expand Drug Distribution

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Prasco Buys 130,000-Sq-Ft Carey, Ohio Facility to Expand Drug Distribution

MASON, Ohio -- September 01, 2026 -- Prasco, LLC has acquired a 130,000-plus square foot distribution facility in Carey, Ohio, expanding the pharmaceutical commercialization company's automation, cold-chain and secure storage capacity beyond its existing Mason, Ohio operations. The deal, announced Aug. 31, 2026, adds a second Ohio campus for the company, which works with more than 65 brand partners and supplies medications to over 70,000 pharmacies nationwide. Prasco specializes in Authorized Generics and end-to-end commercialization services for global drug brands.

The Carey site sits inside what Prasco describes as the Midwest pharmaceutical and logistics corridor, giving the company direct highway access to CDMOs, national distribution centers and major health systems. Prasco said the location strengthens its footprint in Ohio, a state it identified as one of the most active life sciences markets in the country.