π Infra Futures #7
HolonIQ's Infra Newsletter covers the latest developments in energy infrastructure, transport infrastructure + more and highlights the week's top infrastructure deals.
HolonIQ's infrastructure futures coverage for the week ahead.
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Happy Monday π
A key focus this week was scaling up hydrogen infrastructure, specifically around refueling and distribution as the sector's core end customer base is poised to be transportation. The US Department of Energy contributed $40M to four hydrogen refueling projects as part of a larger $62M initiative to support hydrogen infrastructure development. Similarly, Germany began construction on a hydrogen industry network called HH-WIN, and the Hamburg Green Hydrogen Hub is set to become operational in 2027. A $2.9B project to expand San Francisco International Airport has begun after years of planning and pandemic-related delays. The expansion will add 200,000 square feet of space, new security checkpoints, and passenger amenities. New York is set to open 24 new school buildings to accommodate the growing student population ahead of the 2024-2025 academic year.
ποΈ Energy Infrastructure
β½ US Invests $40M in Hydrogen Refueling Infrastructure. The US Department of Energy is providing $40M in funding for four hydrogen refueling projects across the country as part of a larger $62M package to support hydrogen infrastructure.
β‘ Hamburg Invests in Hydrogen Infrastructure. The city of Hamburg started construction on a hydrogen industry network called HH-WIN and the Hamburg Green Hydrogen Hub. Both the network and the hub are being built on the site of the former Moorburg power plant and are due to go into operation in 2027.
β οΈ Denmark's $30 Billion 'Energy Island' Project Delayed to 2036. The Energy Island project, a major renewable energy initiative by Denmark in the North Sea, is delayed by at least three years due to unspecified issues, with the new target completion date now set for 2036.
π Transport Infrastructure
π« Major Airport Expansion Project Launches in San Francisco. A $2.9B project to renovate and expand San Francisco International Airport has commenced after years of planning. After years of pandemic-related delays, the team has begun adding 200,000 square feet of additional space, security checkpoints, and new passenger amenities.
π£οΈ Major Infrastructure Investment in Brazil. The Brazilian government is investing $772M in a key highway project to improve transportation infrastructure. Coming up in the city of FlorianΓ³polis in Brazil, this is to help boost traffic flow, cutting congestion and also improving road safety.
π§ Vietnam Government Pushes for Faster Infrastructure Development. The government has demanded that site clearance for national transport infrastructure projects be accelerated to increase public investment spending.
π« Social Infrastructure
π« New York City Expands Educational Infrastructure. New York City Mayor Eric Adams opened 24 new school buildings to accommodate the growing student population ahead of the 2024-2025 academic year.
π Croatia Invests in Education Infrastructure for New School Year. Dubrovnik, Croatia is making major investments in education infrastructure to prepare for the 2024/2025 school year, according to Mayor Mato FrankoviΔ.
π« West Mugirango Invests Heavily in School Infrastructure. The West Mugirango region invested over $1.1M to improve infrastructure in local primary and secondary schools.
π° Infra Deals
π± Spain Backs Major Green Hydrogen Project with $166M Funding. The Spanish government granted $166M in funding to the Green Cobra green hydrogen project, which was initially slated to receive $240M. The project is classified as an Important Project of Common European Interest by the European Union.
ποΈ Construction Tech Startup Trestle Raises $2.3M Pre-Seed Funding. Trestle, a New York City-based startup providing a data centralization and performance management solution for subcontractors and suppliers in the construction industry, raised $2.3M in pre-seed funding.
π D2Zero Expands with Acquisition and New HQ. D2Zero, a North East company, acquired a Hull engineering firm and announced the location of its new headquarters in Aberdeen.
Thank you for reading. Have a great week ahead!
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