Infrastructure News

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AIIB and OPEC Fund advance partnership for global infrastructure funding

by Denise Moose | May 31, 2022

The Asian Infrastructure Investment Bank and the OPEC Fund for International Development signed a memorandum of understanding to expand their operational and strategic cooperation to finance global public- and private-sector projects, promoting sustainable, resilient and high-standard infrastructure development.

Summit Carbon Solutions completes $1b fundraise

by Kali Persall | May 27, 2022

Summit Carbon Solutions (SCS), developer of the world's largest carbon capture and storage project, completed its $1 billion equity raise this month with Tiger Infrastructure Partners serving as a founding investor.

Turner & Townsend bolsters U.S. infra team

by Kali Persall | May 27, 2022

Turner & Townsend has added two key senior appointments in the United States — Mark Blumkin as executive vice president for the infrastructure sector and Jennifer Rimmer as senior vice president for the government and public sector.

Sempra Infrastructure and RWE partner on LNG project in Texas

by Kali Persall | May 27, 2022

Sempra Infrastructure has signed an agreement with RWE Supply & Trading for the purchase of 2.25 million tons per annum (Mtpa) of LNG, to be delivered from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas.

IFC provides capital injection for waste management company

by Kali Persall | May 27, 2022

The International Finance Corporation (IFC) has signed an agreement with Averda International, one of the largest private integrated waste management companies in the Middle East and Africa, to help provide innovative waste management solutions in the emerging market economies of the two regions.
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