🌆 Infra Futures #13

Happy Monday 👋

India and Nepal strengthened their energy partnership through a B2B petroleum infrastructure deal, aligning with India’s 'Neighbourhood First' policy. Meanwhile, Google is backing startup Kairos Power to build small nuclear reactors to power its data centers. In Milan, Skyports Infrastructure is collaborating with two Italian aviation companies to develop air taxi infrastructure across the city and the Lombardy region. In South Korea, the number of unsold households in Gwangju has surged 13 times in five years, driven by rising construction costs and interest rates. Additionally, Alpine Fire has entered the data center sector by acquiring DAS Fire, enhancing its service offerings.

🏗️ Energy Infrastructure

🤝 India and Nepal Strengthen Energy Ties with Petroleum Infrastructure Deal. India and Nepal have strengthened their energy partnership through a business-to-business (B2B) petroleum infrastructure deal. This action supports India's 'Neighbourhood First' policy, which has already delivered substantial benefits to the country's energy infrastructure.

⚛️ Google to Power AI with Nuclear Energy from Kairos Power. Google is backing startup Kairos Power, which plans to build small nuclear reactors to supply electricity to Google's data centers.

🔌 Mitsubishi Power Completes Massive 5.3 GW CCGT Power Plant in Thailand. Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries, has completed the construction of a 5.3 GW combined cycle gas turbine (CCGT) power plant project in Thailand.

🚘 Transport Infrastructure

✈️ Air taxi infrastructure coming to Milan. Skyports Infrastructure partnered with two Italian aviation companies to develop air taxi infrastructure across Milan and the Lombardy region.

🚆 Uganda Signs Deal to Start Building 1,700km Railway. The government of Uganda signed a contract with Turkish contractor Yapi Merkezi to build the first section of the country's standard gauge railway after nine years of effort.

🛫 UK Government Backs Stansted Airport Expansion Plan. The UK government welcomed a $1.3B plan to expand the capacity of Stansted Airport, but environmental campaigners have warned against the expansion, citing concerns over climate change.

🏛️ Buildings

🏫 New Centre to Accelerate Net Zero Buildings for Cities. The University of Strathclyde is collaborating with the Centre for Net-Zero High-Density Buildings to reduce carbon emissions in high-density housing across Edinburgh and Glasgow. 

🚧 Construction Equipment Market Expected to Grow Significantly by 2032. The construction equipment market is projected to experience substantial growth, reaching a value of USD 334.8B by 2032, according to a report published on openPR

🏫 Social Infrastructure

📈 Surge in Unsold Households in Gwangju. The number of unsold households in Gwangju, South Korea, surged 13 times compared to five years ago, attributed to economic factors like rising construction material costs, high prices, and interest rate hikes.

🏠 $350M Spent on Social Infrastructure in Westmoreland, Jamaica. The Government of Jamaica spent $350M on social infrastructure projects in the parish of Westmoreland.

💰 Infra Deals

🔥 Alpine Fire Expands into Data Center Sector with DAS Fire Acquisition. Alpine Fire, a company, acquired DAS Fire, marking its entry into the data center industry.

🏗️ Construction Company Acquisition. Undivided Life Holdings, a company, acquired McKnight Construction, another company in the construction industry.

🔀 Osmose Utilities Services Acquires Associated Utility Supplies. Osmose Utilities Services, Inc. acquired Associated Utility Supplies Limited (AUS), a specialist in equipment and services for distribution network operators in the UK and Ireland.

🔌 Shermco Acquires Power System Engineering Firm KTR Associates. Shermco, a provider of power system engineering services backed by Gryphon, acquired KTR Associates, a power system engineering firm.

Thank you for reading. Have a great week ahead!
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