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Infrastructure

Chen Guangbiao

Chinese philanthropist Chen to invest in Taiwan's green energy industry in 2014

High-profile Chinese multimillionaire Chen Guangbiao said he plans to invest in the green energy industry of Taiwan next year, and to tap into the country's solar energy market.

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Torq Transloading Inc

KKR to invest C$250M in Torq Energy Logistics

Torq Energy Logistics, an affiliate of privately held Torq Transloading Inc, said on Tuesday that private equity firm KKR & Co has agreed to invest C$250 million ($236 million) to fund Torq's capital program and acquisition strategy.

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Indonesia Bourse

Indonesia opens airports, power to more foreign investment

Indonesia announced on Tuesday it will allow increased levels of foreign investment in the country's airports, power plants, toll roads, and pharmaceutical industries as part of government efforts to boost the slowing economy.

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Thermal Power Plant

Dubai's Coal & Oil Group gets $250M to finish Independent Power Plant in India

Coal & Oil Group based in Dubai said it has secured $250 million for the completion of its 1,200 megawatt power plant called the Mutiara Thermal Power Plant in Tamil Nadu, India.

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Solar Frontier KK

Japan's Showa Shell subsidiary to invest ¥13 B in solar panel plant

Solar Frontier, a wholly owned subsidiary of Japanese petroleum company Showa Shell Sekiyu, will be investing ¥13 billion ($125 million) to construct a solar panel plant in Japan's Miyagi prefecture.

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Serbia

Russia to invest €5B in Serbia's energy sector

Russia is prepared to invest more than €5 billion in Serbia to back projects centered in the energy and production sectors including lubricant refining, and plant reconstruction projects.

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Statoil ASA

Statoil invests in Azerbaijan gas field, sells project stake

Norway-based oil company Statoil ASA (STO) said on Tuesday it has decided to invest in the Shah Deniz gas field development in Azerbaijan, together with its consortium partners.

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General Motors

General Motors invests $600M in Flint plant

As part of a $1.3-billion investment in five US plants, General Motors (GM) is pouring in $600 million in its oldest assembly plant in Flint, Michigan, to set up a state-of-the-art paint facility and other upgrades.

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General Motors office

General Motors to spend $1.3 billion in developments of five plants in the US

General Motors Co announced its plans on Monday to invest about $1.3 billion in its five plants across the US to improve its output and create a new transmission, according to a Reuters report.

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Wind turbines

US Infrastructure gets near-failing grade by civil engineers group

In its latest assessment for the infrastructure in the US, the American Society of Civil Engineers' (ASCE) assessment had given the nation's roads, bridges, rail, drinking water, waste water, solid waste and others an aggregate almost flunking grade.

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BP PLC

BP inks $16 billion tight gas project deal in Oman

Reuters said in its report that Britain's BP PLC has closed a $16 billion deal to develop Oman's Khazzan tight gas project. Construction of the tight gas project is expected to begin next year, while first gas is expected in late 2017.

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Shangri-La International Hotel Management

Shangri-La to invest $115M to build new hotel in Myanmar

Hong Kong-based luxury hotel group Shangri-La International Hotel Management has announced that it will invest $115 million for the construction of a new 350-room hotel in Yangon, Myanmar.

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NSL Renewable Power Private Limited (NSL Power)

India's NSL Power to invest $45 million for Maharashtra wind farms

India-based power firm NSL Renewable Power Private Limited (NSL Power) is said to have plans to pour in $45 million to build new wind farms in Maharashtra through a special purpose vehicle called Jath Wind Energy Private Limited.

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Australian Flag

2014 Outlook for Australian infrastructure sector stable - study

Moody's says the outlook for the Australian infrastructure sector is stable, underpinned by a resilient economy.

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Aliko Dangote

Dangote pushes for $16B investment in cement, agriculture, industrials

Aliko Dangote, the richest man in Africa and Chief Executive of Nigerian company Dangote Group, plans to invest around $16 billion in cement, agriculture, and petrochemicals project in 18 countries over the next four years.

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