Alstom, a global leader in sustainable and intelligent mobility solutions, has partnered with Iselfa Morsetteria Srl to secure a €15 million contract from Terna SpA, Italy’s electricity transmission grid operator, to provide standardized terminal blocks for upgrading the country’s high-voltage power lines. The project underlines Alstom’s commitment to modernizing Italy’s energy infrastructure.
Results for: Energy Infrastructure
BofA Securities has upgraded Kinder Morgan (KMI), an energy infrastructure company, to a Buy rating citing a stabilized base business and potential growth in contracted natural gas pipelines. The analyst expects increased demand driven by Gulf Coast LNG projects and the electrification of utilities through AI, positioning Kinder Morgan for long-term growth.
Russian forces launched a large-scale drone attack on Ukraine overnight, targeting 15 regions and causing damage to energy infrastructure and residential buildings. Ukraine’s air defenses shot down 78 out of 105 drones, with 23 more likely disrupted by electronic jamming. The attacks caused power outages in several regions and disrupted railway services in the south. Russia claims the attacks targeted Ukrainian military operations, while Ukraine continues to call for more advanced weapons to defend against such attacks.
Jonathan Katz, a prominent figure in EPC contracts for energy and infrastructure projects, has joined Latham & Watkins in Houston as a partner in the Project Development & Finance Practice. With extensive experience across the full spectrum of project development, Katz strengthens Latham’s position as a leading firm for project development and finance matters, offering comprehensive solutions to clients.
Russia’s war on Ukraine is taking a devastating toll, not just on the battlefield, but on the Ukrainian people’s lives and morale. Russia’s strategy involves systematic attacks on critical infrastructure, particularly healthcare and energy systems, aimed at crippling Ukraine’s ability to function and sustain resistance. This includes the use of ‘double-tap’ attacks, which target emergency responders and amplify the impact of initial strikes. The article explores the rationale behind these tactics, their long-term consequences, and the growing pressure they exert on the Ukrainian population.
Russia launched a massive missile and drone attack on Ukraine on Monday, targeting energy infrastructure and killing at least four people. The attack, which involved over 100 missiles and drones, is the largest since the start of the war. Ukrainian officials called for long-range weapons and the ability to strike targets inside Russia, while the U.S. announced increased air defense support for Ukraine.
Russia launched a massive drone and missile attack on Ukraine on August 26, targeting energy infrastructure and killing at least three people. This is considered Russia’s biggest attack in weeks, with explosions reported across the country, including Kyiv. The attack has caused power and water outages in several cities, and emergency blackouts have been implemented. The attack also triggered the activation of Polish and NATO air defenses in eastern Poland.
Sempra Infrastructure, a subsidiary of Sempra, announced the signing of a fixed-price EPC contract with Bechtel Energy for the Port Arthur LNG Phase 2 project in Texas. The project is expected to increase the facility’s liquefaction capacity to up to 26 Mtpa, further enhancing the supply of U.S. natural gas to global customers. The agreement includes detailed engineering, procurement, construction, and commissioning for the project, contributing to significant economic growth in the local community.
Member states have approved the creation of a unified hydrogen operator, marking a significant milestone in the development of a robust EU hydrogen market. This move aims to promote the utilization of renewable and low-carbon gases in the energy system and aligns with the goal of producing 10 million tonnes of green hydrogen within the EU by 2030. The regulations mandate comprehensive network planning and oversight by ACER, while national governments are tasked with incorporating the rules into their domestic frameworks within two years. Key markets such as France, Germany, and Poland are expected to play a pivotal role in hydrogen production, although the EU remains committed to phasing out hydrogen derived from natural gas.
Sempra Energy (NYSE: SRE) (BMV: SRE) has released its 2023 corporate sustainability report, outlining how its sustainable business practices are enhancing its scale, resilience, and risk profile. The company’s three growth platforms—Sempra California, Sempra Texas, and Sempra Infrastructure—are strategically positioned in major economic markets where policies support investment in energy infrastructure. This investment is seen as crucial to enabling clean transportation, increasing renewable energy penetration, and enhancing grid reliability.