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Texas Loan Fund Tops 3.5 Gw Of Gas Capacity Secured With Latest Nrg Deal

Texas Loan Fund Tops 3.5 Gw Of Gas Capacity Secured With Latest Nrg DealNRG Energy will develop a 455-MW gas plant near Houston, backed by a low-interest loan from the state of Texas, the company said Thursday. It is the sixth loan finalized through the Texas Energy Fund program for the Electric Reliability Council of Texas market. Voters authorized the fund in 2023. The new generation will be built at NRG’s existing Greens Bayou Generating Station in Harris County, and is expected online in 2028. New generation backed by the Texas Energy Fund, across six projects, now exceeds more than 3.5 GW, said officials at the Public Utility Commission of Texas, which manages the program. The Lone Star State is experiencing “unprecedented growth,” NRG Executive Vice President, President of NRG Business and Wholesale Operations Robert Gaudette, said in a statement. Greens Bayou is NRG’s third project to receive support from the loan fund, marking about 1.5 GW of total capacity and up to $1.15 billion in low-interest loans. Under the loan agreement for Greens Bayou, total project costs are estimated to be less than $617 million and the PUCT will provide a 20-year loan up to $370 million, or 60% of total cost, at a 3% interest rate. In August, the PUCT tapped NRG for a TEF loan up to $216 million to develop two gas units totaling 456 MW of capacity at its existing TH Wharton Generating Station in Houston. And in September the company was selected for a loan of $562 million to develop a 721-MW gas plant near Baytown. There are another 11 Texas Energy Fund applications moving through a due diligence review process, said state officials, representing another 5.4 GW of possible new capacity in the ERCOT footprint.

Utiltiy Dive Generation

22 November 2025

Texas Loan Fund Tops 3.5 Gw Of Gas Capacity Secured With Latest Nrg Deal

Texas Loan Fund Tops 3.5 Gw Of Gas Capacity Secured With Latest Nrg Deal

Utiltiy Dive Generation

22 November 2025

Greece’S Thessaloniki Port Launches Largest €195.6M Expansion In Its History

Greece’S Thessaloniki Port Launches Largest €195.6M Expansion In Its HistoryThe Thessaloniki Port Authority in Greece has embarked on its largest expansion project ever with the signing of a major construction contract, initiating one of the most significant infrastructure upgrades in its history. Port of Thessaloniki (ThPA S.A.) and the joint venture “METKA S.A.-TEKAL S.A. (PIER 6) J/V” on Wednesday signed the construction works contract for the expansion of the port infrastructure of Pier 6 of the port, marking a major milestone in the port’s long-term development strategy. The contract concerns Mandatory Enhancements No. 1 (Pier 6, Port Infrastructure Expansion) of the Concession Agreement between the Hellenic Republic and ThPA S.A. The project includes the expansion of Pier 6, with an additional length of 513 meters, a width of 306.5 meters, and the significant deepening (dredging) of the navigation channel and the vessels’ maneuvering area, for the safe mooring of even the ULCV type vessels (ultra large container vessels). The signing of the contract signals the start of the main construction phase, with an implementation period of 40 months and a total budget of 195.6 million euro. Once completed, the expansion will increase the total capacity of the Container Terminal from 650,000 TEU to 1,500,000 TEU, enabling Thessaloniki to serve simultaneously a higher number of container vessels and accommodate ultra large container vessels of up to 24,000 TEU – unique capabilities for Northern Greece. According to ThPA S.A., the financing of the project will be covered from the own existing capital of ThPA S.A. as well as from banking loans. Dr Ioannis Tsaras, the chief executive officer of ThPA S.A., noted: “With the signing of the contract, the Port of Thessaloniki is entering a new era of development. The expansion of Pier 6, the largest upgrade project in the history of the port, creates the conditions for Thessaloniki to strengthen its role in the Mediterranean as a strategic trade hub for Southeast Europe. “This is not just an important piece of infrastructure, but a project that increases the operational capacity of the port, empowers the regional logistics ecosystem, and generates varied and multiplier benefits at both the local and national level.”

Shipping Telegraph

22 November 2025

Greece’S Thessaloniki Port Launches Largest €195.6M Expansion In Its History

Greece’S Thessaloniki Port Launches Largest €195.6M Expansion In Its History

Shipping Telegraph

22 November 2025

Vianode To Build North America’S First Large-Scale $3.2 Billion Clean Graphite Factory In Ontario

Vianode To Build North America’S First Large-Scale $3.2 Billion Clean Graphite Factory In OntarioVianode, a Norwegian advanced battery materials company, is investing $3.2 billion to build a synthetic graphite factory in St. Thomas, Ontario. The facility, called Via TWO, represents Vianode’s first large-scale production plant in North America. It will help supply the growing demand for graphite in electric vehicle (EV) batteries, energy storage, and other critical industries. The first phase of the plant is expected to create around 300 skilled jobs, with eventual growth to 1,000 workers when fully scaled. The Ontario government is supporting the project with a loan of up to CAD $670 million. Vianode’s CEO, Burkhard Straube, highlighted that this investment underscores Ontario’s strength in clean tech and manufacturing. For the City of St. Thomas, the project is a major generational opportunity, bringing home high-paying jobs and sustainable industry. Company: Vianode (Norwegian battery materials firm) Plant Name: Via TWO Location: Yarmouth Yards, St. Thomas, Ontario Investment: CAD $3.2 billion Government Support: Up to CAD $670 million loan from Ontario Jobs: around 300 initially; up to 1,000 at full capacity Production Start: Expected in 2028 Annual Capacity (future): Up to 150,000 tonnes synthetic graphite Emissions Profile: Vianode’s technology claims up to 90% lower CO₂ emissions vs conventional graphite Vianode picked St. Thomas after a detailed North American site selection process, citing several key advantages. The city offers a low-carbon electricity grid, which supports Vianode’s sustainability goals. It is also strategically located near manufacturing hubs, including a major EV battery plant being built by PowerCo (Volkswagen’s battery unit). According to Vianode, St. Thomas has a skilled workforce that’s ready to scale for advanced manufacturing. This plant is more than just a local factory, it plays into a larger global strategy for battery and critical mineral supply chains. Vianode’s investment aligns with Canada’s ambitions under the G7 Critical Minerals Production Alliance to build resilient, secure materials capacity. Synthetic graphite is critical not just for EVs; it’s also used in semiconductors, grid storage, nuclear tech, and defense systems. By localizing this production, Canada reduces reliance on imports, especially away from dominant graphite producers abroad. St. Thomas is fast becoming a clean-tech manufacturing hub. Just nearby, Volkswagen’s PowerCo is building a major EV battery plant. That means Vianode’s graphite production will directly feed into future EV battery factories. It’s part of Ontario’s push to own more of the EV supply chain, from raw materials to finished batteries. Government leaders argue that this dual push for minerals capacity and EV manufacturing will make the province more resilient to geopolitical supply shocks. Ground-preparation work has officially started in Yarmouth Yards. Vianode plans to move into phased build-out in the coming months, with production expected by 2028. Over time, the facility will to scale capacity massively to help supply graphite for millions of EVs. The investment is also expected to draw further clean-tech and critical minerals players to southwestern Ontario, cementing its role in Canada’s future economy.

Construction Review

22 November 2025

Vianode To Build North America’S First Large-Scale $3.2 Billion Clean Graphite Factory In Ontario

Vianode To Build North America’S First Large-Scale $3.2 Billion Clean Graphite Factory In Ontario

Construction Review

22 November 2025

Rajasthan Rejects 3.2 Gw Coal Project, Strengthening Its Push Toward A Fully Renewable Future – Eq

Rajasthan Rejects 3.2 Gw Coal Project, Strengthening Its Push Toward A Fully Renewable Future – EqIn Short : Rajasthan, India’s leading solar state, has rejected plans for a 3.2 GW coal-based power project, reinforcing its push toward clean energy. Officials said expanding fossil fuel capacity contradicts the state’s renewable goals. Rajasthan aims to prioritise solar, wind, and hybrid projects to meet rising electricity demand. The decision signals a strong commitment to sustainable growth and reduced carbon dependence. In Detail :Rajasthan, India’s top solar-producing state, has firmly rejected a proposal for a 3.2 GW coal-based power project. The decision reflects the state’s continued preference for clean energy pathways. Officials emphasized that approving new coal capacity would undermine existing renewable targets. Rajasthan already leads India in large-scale solar installations. The state aims to strengthen its green identity further. Coal expansion no longer aligns with its long-term vision. The proposed plant had been positioned as a means to meet rising power demand. However, authorities argued that renewable alternatives can address the requirement more sustainably. Rajasthan has significant solar and wind potential that remains untapped. These resources can support new capacity without adding carbon burdens. Policymakers stressed that future demand should be met through cleaner options. The state wants to avoid locking itself into fossil infrastructure. Rajasthan’s decision also reflects concerns over environmental impact. Coal projects would increase emissions at a time when climate pressures are intensifying. The state has experienced rising temperatures and unpredictable weather patterns. Expanding fossil fuel use could worsen these effects. Officials noted that protecting ecological balance is a priority. Clean energy plays a central role in that strategy. Renewable developers have welcomed the move. Many believe it reinforces confidence in the state’s green transition. Rajasthan already attracts major investments in solar and wind projects. The market sees this decision as a signal of stability. Strong policy direction often boosts investor enthusiasm. Renewable expansion requires clear governmental commitment. The state plans to focus more on hybrid and storage-backed renewable projects. These offer better reliability compared to standalone solar or wind systems. Hybrid models can deliver round-the-clock power when paired with batteries. Rajasthan is exploring large-scale storage deployments to balance intermittency. Such technologies can replace the need for new coal capacity. The long-term goal is to build a resilient green grid. The decision also aligns with India’s national climate goals. The country aims to significantly expand its renewable capacity before 2030. Rajasthan’s leadership in the sector supports this national agenda. Rejecting coal demonstrates alignment with broader clean energy ambitions. The state is expected to remain a flagship renewable hub. Its energy policy decisions hold strong influence. Public sentiment has also shifted toward cleaner alternatives. Communities increasingly recognize the benefits of renewable projects. Lower pollution levels contribute to better health outcomes. Solar initiatives have also brought employment opportunities. The state has seen significant rural involvement in clean energy programs. This social support strengthens the renewable transition. Opponents of the coal plan argued that investing in fossil fuels carries financial risks. Global trends show coal assets becoming increasingly uncompetitive. Renewable tariffs have fallen sharply in recent years. Long-term coal investments may become stranded. Rajasthan prefers technologies that offer cost stability. Renewable energy ensures predictable pricing. Overall, Rajasthan’s decision marks a major step in consolidating its renewable-first strategy. The state has reaffirmed its commitment to clean growth. Rejecting coal strengthens its position as a national leader in green energy. The focus will now remain on scaling solar, wind, hybrid, and storage solutions. Policymakers view this pathway as more sustainable and future-ready. Rajasthan continues to shape India’s clean energy narrative. Error:Contact form not found.

22 November 2025

Rajasthan Rejects 3.2 Gw Coal Project, Strengthening Its Push Toward A Fully Renewable Future – Eq

Rajasthan Rejects 3.2 Gw Coal Project, Strengthening Its Push Toward A Fully Renewable Future – Eq

22 November 2025

Dŵr Cymru Welsh Water Set To Invest £665 Million In 2025/26

Dŵr Cymru Welsh Water Set To Invest £665 Million In 2025/26The investment is part of its largest-ever capital investment programme of over £4 billion for the 5 years up to the end of AMP8 in March 2030. Together with its company-wide transformation programme (known as Trawsnewid) the investment will deliver improvements for customers, communities, and the environment. The first months of the year also recorded Wales’ warmest summer on record, and despite Natural Resources Wales placing much of Wales in environmental drought, Welsh Water avoided any restrictions on customers’ water supplies. The record investment is delivering major and innovative projects such as the recently opened £13 million wetland storm overflow at Pont-y-felin in Torfaen - the first of its kind in the UK. By harnessing the natural filtering power of wetlands, the site is already reducing the company’s impact on local rivers and setting a model for future sustainable investment. In October Welsh Water also launched consultations on the largest infrastructure project in the company’s history – the Cwm Taf Water Supply Strategy. The plans will modernise the drinking water network across South Wales, replacing century-old treatment facilities and increasing clean water storage capacity. While climate change has continued to impact the company’s services over the last six months, despite the prolonged dry periods over spring and summer, careful management of water supplies meant there was no need for temporary restrictions or ‘hosepipe bans’ across the water company’s operating area In the 6 months between April and September 2025, the company made progress on reducing incidents of internal and external flooding, improving river water quality and overall pollution incidents and building on the 576km of rivers improved between 2020 and 2025. Although the company’s Environmental Performance Assessment will remain at two stars, improvements were noted in four of the seven elements of the EPA measure in the last year, and the total number of pollution incidents is the second lowest in the industry. However, Welsh Water company acknowledges the need to continue making changes in some areas of performance and has detailed plans in place to address this, including improving discharge permit compliance at wastewater treatment works and reducing serious pollution incidents. Performance metrics highlighted in the report include: In the six months to 30 September 2025 revenue increased by 27% to £583 million (2024: £461 million), primarily reflecting customer price increases. and capital investment totalled £288 million (2024: £295 million). Adjusted operating profit of £103 million improved by £104 million (2024: £1 million loss) reflecting the revenue increase. This was partially offset by higher operating costs driven by an increase in bad debt charges (£7 million) as a result of the customer price increases, inflationary pay awards to staff (£2 million), spend to protect compliance activities (£2 million) and £3 million customer compensation payments following major bursts compounded by a one-off business rate refund of £4 million in the prior period. Transformation and restructuring costs of £15 million relate to theTrawsnewid transformation programme, split £7 million professional services costs and £8 million employee related restructuring costs. The Group reported a loss before taxation of £29 million (2024: £54 million). Gearing has stayed at 62% since March 2025, remaining well within the threshold of the Group’s covenants and existing credit rating. Credit ratings remain at BBB+/Baa1/A- for senior Class B debt from Standard and Poor’s, Moody’s and Fitch respectively. Welsh Water raised £450 million in capital from investors in September, and has embarked on the company-wide transformation programme which aims to improve processes, make better use of technology and ensure that the company’s funds are focussed on front line delivery of services. In order to maintain its finances on a stable footing, the utility is reducing the number of people employed by the company by 500 – or 12% of the workforce - over the course of the next 18-24 months. “This is a decision that we did not want to take, but it is necessary,” Peter Perry commented. The company continues to have strong credit ratings and the transformation programme which is well underway is a key part of maintaining this position. Earlier this year, the average household bill increased by 27% and the transformation programme is to review how customer money is spent by the company, how efficient its processes are, and ensuring that value for money is achieved across the supply chain. Photo: Welsh Water CEO Peter Perry Commenting on the interim results, Dŵr Cymru Welsh Water CEO Peter Perry said: “Whilst we face many challenges today, operational performance is incomparable to what they were when Welsh Water became a not-for-profit company almost 25 years ago. The targets we must meet continue to get tougher as regulators rightly want to push for higher standards; but maintaining increasingly aging assets and the real impact of climate change are making it ever more difficult to strike an acceptable balance between performance improvements and building resilience for the future, at a cost that is acceptable to our customers. We cannot do everything, everywhere all at once – it is not affordable or deliverable, and we must therefore work ever closer with our customers to agree how limited resource is prioritised. Peter Perry will retire in spring 2026 after a 45-year career in the sector, with CEO-elect Roch Cheroux, former CEO of Sydney Water, taking the helm in January.

21 November 2025

Dŵr Cymru Welsh Water Set To Invest £665 Million In 2025/26

Dŵr Cymru Welsh Water Set To Invest £665 Million In 2025/26

21 November 2025

175T Bridge Lifted Into Place Over River Trent In Nottingham

175T Bridge Lifted Into Place Over River Trent In NottinghamA new pedestrian and cycle bridge has been installed across the River Trent in Nottingham after engineers used a large crawler crane to lift the 87m-long structure into place. The 175t steel span was hoisted into position by a CC6800 crawler crane, which was assembled onsite and rose to a height of 75m. The lift was carried out from temporary supports and manoeuvred onto permanent abutments on a carefully choreographed schedule involving contractor Balfour Beatty, specialist lift firm Mammoet and fabricator Briton Fabricators. Because of the bridge’s mass, the crane operated from purpose-built tracks and large counterweights. Project teams said the operation was completed without incident, marking a major construction milestone for the scheme. The bridge will form the final element of Nottingham City Council’s Transforming Cities Fund programme, a package of projects launched in 2020 after the council secured more than £160M of central government funding intended to improve inter-city connectivity and encourage lower‑carbon travel. When finished, the crossing is intended to strengthen active-travel links across the city, providing walking and cycling routes that organisers say will be particularly useful for people travelling to sporting venues and riverside amenities on both sides of the Trent. Work now continues on approach ramps, steps, walkways, a smaller bridge over Trent Basin and surrounding landscaping. The city council has scheduled the opening for late spring 2026. The new bridge follows other recent local investments aimed at improving sustainable travel, but it also comes amid wider debate over how councils should allocate government transport funding between walking, cycling, buses and road projects. Supporters say schemes such as this increase options for non-car journeys and reduce carbon emissions; critics argue that outcomes depend on how the new infrastructure is integrated with wider transport networks and services. Nottingham City Council executive member for regional development, growth and transport Linda Woodings said: “This is a big milestone moment for our project to build a new walking and cycling bridge over the river Trent – it was thrilling to be at the riverside and see the new bridge land on its supports just as planned. I want to say a huge thank you to all the many people involved and I know I speak for everyone locally when I say that I can’t wait to try it out come spring.” Balfour Beatty project director Sunil Karra said: “We’re extremely proud to have safely and successfully completed this major milestone today, with the new 175t bridge now in position across the River Trent. This complex bridge lift was made possible through detailed planning and close collaboration with our project partners and the Council. “We now look forward to completing the remaining works and connecting communities on both sides of the river.” Rushcliffe Borough Council cabinet portfolio holder for leisure and wellbeing, ICT and member development Jonathan Wheeler said: “It is good to see another major step towards the opening of the bridge that will create more connectivity for residents on both sides of the river for further opportunities to travel in a more sustainable way. “Creating this new link for cyclists and pedestrians will create easier access to nearby open spaces in Lady Bay and West Bridgford and our local sports grounds and leisure facilities, encouraging more people to make lower carbon journeys.” Like what you've read? To receive New Civil Engineer's daily and weekly newsletters click here.

New Civil Engineer (Bridge)

21 November 2025

175T Bridge Lifted Into Place Over River Trent In Nottingham

175T Bridge Lifted Into Place Over River Trent In Nottingham

New Civil Engineer (Bridge)

21 November 2025

California Groundwater Agency Seeks $5 Million In Federal Funding For 50-Mile Pipeline Project

California Groundwater Agency Seeks $5 Million In Federal Funding For 50-Mile Pipeline ProjectRIDGECREST, Calif. (UI) — The Indian Wells Valley Groundwater Authority (IWVGA) is pursuing $5 million in federal funding to kickstart construction of a 50-mile Water Replenishment Pipeline, a critical project aimed at stabilizing groundwater levels in one of California’s most water-stressed regions. According to IWVGA’s congressional funding request, the project would connect the Indian Wells Valley Groundwater Basin with the State Water Project, delivering up to 6,431 acre-feet per year of imported water by 2070. The proposed pipeline, ranging from 18 to 24 inches in diameter, would run from California City to Ridgecrest, with booster pump stations and storage tanks along the route. The total project cost is estimated at $200 million, with IWVGA providing a $1.25 million non-federal match for the first construction phase. The initial $5 million request was submitted under the Energy and Water Development Act for Fiscal Year 2027, supported by Senators Alex Padilla and Adam Schiff. “This project is essential to achieving long-term water sustainability,” IWVGA Chairman Scott Hayman stated in a letter to federal lawmakers. “Without it, future water needs—both for the community and for the U.S. Naval Air Weapons Station China Lake—cannot be met.” The project aligns with the state’s Sustainable Groundwater Management Act (SGMA) requirement to bring basins into balance by 2040. Design and environmental permitting are underway, with construction targeted to begin in 2027 pending U.S. Army Corps of Engineers (USACE) approval and appropriations. If funding is approved, the Corps would oversee mobilization, materials procurement, right-of-way acquisition, and initial tank construction during fiscal year 2027.

Underground Infrasturcture

21 November 2025

California Groundwater Agency Seeks $5 Million In Federal Funding For 50-Mile Pipeline Project

California Groundwater Agency Seeks $5 Million In Federal Funding For 50-Mile Pipeline Project

Underground Infrasturcture

21 November 2025

Hd Korea Shipbuilding & Offshore Engineering Wins Two Lng Carrier Orders Worth 741.2 Billion Won

Hd Korea Shipbuilding & Offshore Engineering Wins Two Lng Carrier Orders Worth 741.2 Billion Wonin Shipbuilding News 19/11/2025 HD Korea Shipbuilding & Offshore Engineering, the intermediate shipbuilding holding company of HD Hyundai, said on the 18th that it signed a construction contract with a shipowner in North America for two liquefied natural gas (LNG) carriers. The total order value is 741.2 billion won, and the vessels will be built by HD Hyundai Samho and delivered sequentially by the second half of 2028. Including this order, HD Korea Shipbuilding & Offshore Engineering has won a total of 104 ships ($14.24 billion), achieving 78.9% of its annual target ($18.05 billion). By ship type, the orders are seven LNG carriers, six LNG bunkering vessels, nine liquefied petroleum gas (LPG) and ammonia carriers, two ethane carriers, 61 container ships, 16 tankers, and three PC ships. Source: CHOSUNBIZ

Hellenic Shipping News

20 November 2025

Hd Korea Shipbuilding & Offshore Engineering Wins Two Lng Carrier Orders Worth 741.2 Billion Won

Hd Korea Shipbuilding & Offshore Engineering Wins Two Lng Carrier Orders Worth 741.2 Billion Won

Hellenic Shipping News

20 November 2025

Eni’S $180M Pitch To Boost Egyptian Gas Output

Eni’S $180M Pitch To Boost Egyptian Gas OutputItalian energy company Eni reportedly plans to invest $180 million in a new gas processing plant at its Meleiha onshore concession in Egypt’s Western Desert amid a growing domestic shortfall of gas. The plant will have a processing capacity of 100 million cubic feet per day, Asharq Business, an Arabic-language financial website, reported, quoting an unidentified official. Eni aims to add nearly 80 million cubic feet per day to the country’s gas production by next September, as part of a plan to increase output from the Meleiha fields next year. The plant will increase field efficiency and reduce losses, helping Cairo to boost domestic gas production and narrow the production-consumption gap. Eni also intends to build a new gas pipeline within the concession and link it to the northern pipeline in the Mellaha area, strengthening gas processing and transport in the Western Desert. The Italian company started production from the Mellaha field in April 2022 with an initial capacity of 8,500 barrels of oil equivalent per day. Egypt’s petroleum ministry has been working with foreign companies to complete five gas projects next fiscal year, with total investments of $1.6 billion. The country’s fiscal year runs from July 1 to June 30. It produces an estimated 4.2 billion cubic feet of natural gas per day, compared with domestic demand of 6.2 billion cubic feet per day. In October Eni resumed offshore exploration in Libya after a hiatus of over five years. This month, Egypt launched a global tender for oil and gas exploration in four Red Sea regions, aiming to attract new foreign investment and boost domestic gas production. AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Already registered? Sign in I’ll register later AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Already registered? Sign in I’ll register later

Arabian Gulf Business Insight

19 November 2025

Eni’S $180M Pitch To Boost Egyptian Gas Output

Eni’S $180M Pitch To Boost Egyptian Gas Output

Arabian Gulf Business Insight

19 November 2025

Pittsburgh International Airport Opens New $1.7 Billion Terminal

Pittsburgh International Airport Opens New $1.7 Billion TerminalPittsburgh International Airport (PIT) has officially opened its brand-new landside terminal. The 1.7 billion USD facility is designed to modernise the airport’s operations, improve passenger experience, and reflect the character of the Pittsburgh region. The new terminal replaces a 33-year-old building originally built when PIT functioned as a major US Airways connecting hub. The old layout required passengers to transfer between the landside check-in area and the airside concourses via an underground tram — a system now being retired. With the opening of this terminal, check-in, security, and baggage claim are now housed in a single, streamlined building, dramatically reducing walking times. Officials say that the time from curb to gate has been halved for many passengers. The architectural design, led by Gensler, Luis Vidal + Architects, and HDR, draws inspiration from the Western Pennsylvania landscape. Tree-like steel columns, wood-finish ceilings, and large windows bring natural elements inside. theintelligencer.net The terminal also features four outdoor terraces, two before security and two after, landscaped with native plants for a calming, open-air experience. Security has been dramatically expanded: the terminal now offers 12 TSA lanes, while consolidating previous checkpoints into one. The screening uses CT technology, including smart scanners that allow passengers to leave liquids and laptops in their bags, and automated bin returns to simplify throughput. A major improvement comes in baggage processing. The new system reduces the length of conveyor belts from around 8 miles to just 3 miles, with optimised routing that is expected to cut luggage delivery times by roughly half. There are also eight large baggage carousels, allowing for more efficient arrivals. Parking has also been addressed in this redevelopment. The new terminal is served by a 3,300-space covered parking garage, complemented by a surface lot, giving over 6,000 parking spots within a five-minute walk of the terminal. The garage is equipped with a smart guidance system: overhead sensors and green lights help drivers identify free spaces in real time.

Airport Industry News

19 November 2025

Pittsburgh International Airport Opens New $1.7 Billion Terminal

Pittsburgh International Airport Opens New $1.7 Billion Terminal

Airport Industry News

19 November 2025

Turkey'S Tpao Targets $4 Billion Debt Issuance To Accelerate Oil And Gas Production

Turkey'S Tpao Targets $4 Billion Debt Issuance To Accelerate Oil And Gas Production(Bloomberg) – Turkey’s state energy company Turkiye Petrolleri AO plans to sell as much as $4 billion in Islamic debt as part of its push to expand oil and gas production, marking the firm’s first such international debt offering. The company, also known by its Turkish initials TPAO, is preparing to issue the five-year sukuk to international investors by the end of the year, Energy Minister Alparslan Bayraktar told Bloomberg on Monday. The debut sukuk follows non-deal roadshow meetings in London, Abu Dhabi and Dubai, where officials briefed potential investors on TPAO’s financial outlook and projects, including Black Sea natural gas production and the Gabar oil field in Turkey’s southeast, he said. Owned by Turkey’s sovereign wealth fund, TPAO also has a growing portfolio of international projects including exploration plans in Libya, Oman and Pakistan alongside existing production in Azerbaijan, Iraq and Russia. TPAO produced 33.7 MMbbl of oil and 2.2 Bcm of gas in Turkey in 2024, former CEO Ahmet Turkoglu told a parliamentary commission earlier this year. It also pumped 39.4 MMboe from international projects. He said that the company made a profit of 15.4 billion liras last year — equivalent to around $390 million at the time of the comments. Production is set to increase both at home and abroad. Turkey plans to increase output at the main Black Sea gas field, Sakarya, to 45 MMcm/d in 2028 from the current 9.5 MMcm/d, Bayraktar said. TPAO is also planning to develop unconventional reserves in the southeast in partnership with U.S.-based Continental Resources, Inc. and TransAtlantic Petroleum Ltd. TPAO established a subsidiary, TPAO Varlik Kiralama, earlier this month to manage the sukuk issuance. The debt sale comes as Turkey’s borrowing costs decline due to an easing of political tensions at home, the government’s commitment to orthodox economics and improved sentiment toward emerging markets. That has fueled wave of issuances from both the state and private sector and led Gulf banks in particular to expand their lending in the country.

19 November 2025

Turkey'S Tpao Targets $4 Billion Debt Issuance To Accelerate Oil And Gas Production

Turkey'S Tpao Targets $4 Billion Debt Issuance To Accelerate Oil And Gas Production

19 November 2025

Vulcan Elements To Build $918M Rare Earth Magnet Factory In Benson, North Carolina

Vulcan Elements To Build $918M Rare Earth Magnet Factory In Benson, North CarolinaVulcan Elements Inc. plans to build a $918.1 million rare earth magnet factory in Benson, North Carolina, expanding its production capacity and adding 1,000 jobs in Johnston County, the company announced Tuesday. The company currently operates a smaller magnet manufacturing facility in Research Triangle Park. The new 1 million-square-foot site in Benson represents a major scale-up and is expected to become the largest magnet production plant outside China. Rare earth magnets play a critical role in technologies dependent on electric motors and precision motion systems, including but not limited to electronics, robotics, electric vehicles, data centers, and numerous defense applications. The plant will produce up to 10,000 metric tons of Neodymium Iron Boron magnets each year. This expansion addresses rising demand in advanced manufacturing and strengthens the domestic magnet supply chain. The state’s Economic Investment Committee approved a Job Development Investment Grant to support the project. Over 12 years, the project is expected to add about $2.6 billion to the state economy. The JDIG allows the company to receive up to $17.58 million if it meets annual job creation and investment targets. Because Johnston County is a Tier 3 county, the state will allocate up to $5.86 million to the Industrial Development Fund – Utility Account for rural infrastructure. The state may also provide up to $250,000 for road improvements. The project will create new administrative, engineering, and production jobs, with an estimated annual payroll of $81.9 million. Multiple state and local partners, including the North Carolina Department of Commerce, the Economic Development Partnership of North Carolina, Johnston County, and the Town of Benson, supported the project. Vulcan Elements recently announced a $1.4 billion partnership with the U.S. Government and ReElement Technologies to expand a fully domestic rare earth magnet supply chain. The agreement includes plans for a U.S.-based 10,000-metric-tonne magnet production facility and expanded recycling and processing of end-of-life magnets and electronic waste. The expansion will receive federal and private funding, including a $620 million direct loan from the Office of Strategic Capital, $50 million from the Department of Commerce under the CHIPS and Science Act, $550 million in private capital, and an $80 million direct loan to ReElement Technologies. In exchange, the government will receive warrants in both companies and $50 million in equity in Vulcan Elements. This project builds on a recently completed rare-earth magnet facility in Sumter County, South Carolina, contributing to a broader national effort to expand domestic magnet production. Project: Vulcan Elements domestic rare earth magnet facility expansion Location: Benson, Johnston County, North Carolina Investment: $918.1 million Jobs Created: 1,000 new positions (administrative, engineering, and production roles) Facility Size: 1 million square feet Production Capacity: 10,000 metric tonnes of Neodymium Iron Boron magnets annually Purpose: Expand domestic rare earth magnet production capacity; support growing demand in electronics, robotics, electric vehicles, data centers, and defense systems Estimated annual payroll: $81.9 million Job Development Investment Grant (JDIG) approved for 12 years Projected state economic growth over 12 years: $2.6 billion Potential JDIG reimbursement to company: up to $17.58 million Tier 3 County Adjustment: Up to $5.86 million allocated to the Industrial Development Fund – Utility Account to support rural infrastructure Additional State Support: Up to $250,000 anticipated for road improvements

Construction Review

19 November 2025

Vulcan Elements To Build $918M Rare Earth Magnet Factory In Benson, North Carolina

Vulcan Elements To Build $918M Rare Earth Magnet Factory In Benson, North Carolina

Construction Review

19 November 2025

Panynj Outlines Airport Modernisation In Proposed $45 Billion Capital Plan

Panynj Outlines Airport Modernisation In Proposed $45 Billion Capital PlanThe Port Authority of New York and New Jersey (PANYNJ) has published its proposed 45 billion USD capital plan for 2026–2035, setting out a decade of investment across its aviation network, including major upgrades at JFK, Newark Liberty and LaGuardia. The authority states that the plan builds on the momentum of current redevelopment programmes and is structured to address growing demand, climate resilience requirements and the need for modern, reliable passenger infrastructure. As with previous plans, the programme is funded without state or local tax revenue. The capital plan advances the multi-year redevelopment of John F. Kennedy International Airport, one of the largest airport transformation projects underway in the United States. A significant element is the planned redesign of AirTrain JFK, with higher-capacity trains and upgraded stations intended to improve service reliability and support the expanded terminal footprint. The first gates of the new Terminal 1 and Terminal 6 are due to open in 2026, alongside further phases of the airport’s redesigned internal roadway network. At Newark Liberty International Airport, work on the new 3.5 billion USD AirTrain Newark continues. The replacement system is designed to deliver improved reliability, longer trains and more efficient inter-terminal, parking and rail-station connections. The plan also includes: The plan provides for the replacement of the 85-year-old Terminal A while preserving its landmark rotunda. The project complements the existing redevelopment of Terminals B and C, which were delivered under previous capital plans. Passenger access improvements form a major component, including: The redevelopment is designed to manage increased passenger demand and integrate LaGuardia more effectively into the region’s transit network. Airport-linked sustainability measures feature prominently. The authority has earmarked funding to support its target of cutting greenhouse gas emissions by 50 per cent by 2030. This includes fleet electrification, zero-emission ground operations where feasible, and resilience projects designed to mitigate extreme weather impacts across airfield, terminal and landside infrastructure. The capital plan maintains support for digital transformation, with ongoing development of autonomous technologies, AI tools and advanced air-mobility concepts. These initiatives aim to enhance operational efficiency, safety and passenger flow management across the aviation network. Alongside the capital plan, the Port Authority has issued its 2026 budget proposal, totalling 10.1 billion USD. Of this, 4.1 billion USD is allocated to capital works, including AirTrain Newark construction, continued redevelopment at JFK, and state-of-good-repair programmes across the three major airports. Passenger volumes are expected to remain strong in 2026, with demand forecasts underpinning investment in new terminal capacity, modernised AirTrain systems and broader access improvements.

Airport Industry News

15 November 2025

Panynj Outlines Airport Modernisation In Proposed $45 Billion Capital Plan

Panynj Outlines Airport Modernisation In Proposed $45 Billion Capital Plan

Airport Industry News

15 November 2025

Bhp’S Billion-Dollar Pilbara Plan

Bhp’S Billion-Dollar Pilbara PlanBHP is reaffirming its long-term commitment to the Pilbara, with Western Australia Iron Ore (WAIO) asset president Tim Day announcing more than $1 billion in new investment for Port Hedland at the 2025 Hedland Economic Forum. Day said BHP’s plans include the delivery of a sixth car dumper at Nelson Point, which will support sustained production of more than 305 million tonnes a year over the medium term. “We’re investing more than $1 billion to deliver a sixth car dumper at Nelson Point,” Day said. “This will enable at least five car dumpers to run around 90 per cent of the time. It’ll generate some massive opportunities to create jobs and drive the economy here in Hedland too.” He said the project reflects BHP’s broader focus on “writing the next big chapter” for the region through collaboration between miners, government, traditional owners, businesses and the community. “The Pilbara is the engine room of Australia,” he said. “We need to focus on how we can unlock new projects and growth opportunities, improve liveability through better housing, healthcare and education, and create more opportunities for local industry to thrive.” Day said local partnerships remain crucial, noting that last year BHP spent more than $730 million with nearly 300 Western Australian businesses, including $50 million through its Local Buying Program. BHP is also collaborating with the WA Government and Core Innovation Hub to deliver the Made in the Pilbara grants program, which aims to help local businesses innovate and grow. Decarbonisation remains a key focus for the miner. Day outlined BHP’s progress in trialling battery-electric haul trucks at the Jimblebar mine and preparing for the arrival of Australia’s first battery-electric locomotives in Port Hedland next month through its partnership with Wabtec. “Replacing diesel isn’t just a fuel switch; it’s a transformation in how we operate, power our sites and train our people,” he said. “Electrifying our fleet isn’t just about lower emissions, it’s about smarter logistics, safer operations and a more resilient future.” Day said BHP’s collaboration with Rio Tinto, Caterpillar and Komatsu on trialling battery-electric haul trucks in the Pilbara. “Port Hedland isn’t just a gateway,” he said. “It’s a launchpad for the future of our industry.” Get 50 per cent off your Australian Mining annual magazine subscription during our Black Friday sale. Visit our subscription page and use the code: AMBF25. Ends on 27 November 2025.

Australian Mining

14 November 2025

Bhp’S Billion-Dollar Pilbara Plan

Bhp’S Billion-Dollar Pilbara Plan

Australian Mining

14 November 2025

Plans Are Unveiled For A 322-Meter Residential Skyscraper In Jersey City

Plans Are Unveiled For A 322-Meter Residential Skyscraper In Jersey CityA major new development has been proposed for Jersey City that would reshape the city’s skyline and include a 322-meter skyscraper. Located at 100 Bay Street, the project from BLDG Management envisions two high-rises—one at 90 floors and the other at 40 floors—set atop a shared podium and linked by a sky bridge at the 40th floor. Designed by architecture firm Pelli Clarke & Partners, the development aims to integrate with the character of Jersey City’s Arts District while introducing a bold new architectural landmark on the Hudson River waterfront. The 1.6-million-square-foot (148,644 square meter) complex would comprise approximately 1,300 apartments, with 20 percent designated as affordable housing. Units will range from smaller residences suited to individuals to larger layouts designed for families. Plans also include 29,000 square feet (2,694 square meters) of retail space at street level, creating an active pedestrian experience, along with amenity and recreational areas for residents. The taller of the two buildings is planned to reach 1,055 feet (321.6 meters), positioning it as a supertall building and in the range of other residential supertalls in the region like New York’s Central Park Tower (472.4 meters), 111 West 57th Street (435.3 meters), and 432 Park Avenue (425.7 meters). The towers’ slender forms are designed to allow more daylight to reach the surrounding streets while preserving key view corridors for neighboring residents. In addition to housing and retail components, the project will include parking for both residents and visitors and a covered entrance to reduce street congestion. If approved, the development would mark a significant milestone in Jersey City’s ongoing transformation into a major residential and cultural hub, further establishing its place among the nation’s most architecturally ambitious urban centers. Read more at NJ.com

Council on Tall Buildings and Urban Habitat

13 November 2025

Plans Are Unveiled For A 322-Meter Residential Skyscraper In Jersey City

Plans Are Unveiled For A 322-Meter Residential Skyscraper In Jersey City

Council on Tall Buildings and Urban Habitat

13 November 2025

Vedanta To Invest Us$1.5 Billion In Zambia To Increase Copper…

Vedanta To Invest Us$1.5 Billion In Zambia To Increase Copper…Vedanta Resources announced on November 6 the creation of CopperTech Metals Inc., a new subsidiary responsible for operating its Konkola copper mine in Zambia. As part of this restructuring, the company said it will invest an additional US$1.5 billion to increase production to 300,000 tons by 2031. The move aligns with the broader wave of growth investments in Zambia’s copper industry in recent years. Zambia aims to raise national copper output to 3 million tons by 2031, up from 821,670 tons in 2024. Several mining companies have announced expansion projects to support this goal. Canada’s Barrick Mining plans to double output at its Lumwana mine through a US$2 billion investment, while China’s JCHX intends to inject US$300 million to extend the life of its Lubambe mine. At Konkola, Vedanta’s planned US$1.5 billion will add to the US$3 billion already invested in recent years. These investments are intended to boost production capacity and support Zambia’s long-term growth strategy at a time when global copper demand is rising due to the energy transition and the expansion of the artificial intelligence sector. According to the International Energy Agency (IEA), the copper supply deficit could reach 30% by 2035. Combined with recent supply chain disruptions, these trends position new and expanded mines as key contributors to future global supply, provided the announced investments materialise. Vedanta has not yet detailed how it plans to finance the new Konkola investment, even as it works to reduce debt and strengthen its balance sheet. For now, the company expects 140,000 tons of copper output from Konkola in its 2026 fiscal year. Nationally, Zambia targets 1 million tons of production this year. Want more stuff like this? Join over 65, 400 subscribers and receive our weekly newsletter! Please check your inbox or spam folder to confirm your subscription.

Africa Mining Market

11 November 2025

Vedanta To Invest Us$1.5 Billion In Zambia To Increase Copper…

Vedanta To Invest Us$1.5 Billion In Zambia To Increase Copper…

Africa Mining Market

11 November 2025