Friday, August 21, 2026
GlobeNewsInfo Logo
Skanska secures NOK 320 million healthcare construction project in Norway
Health & Medical

Skanska secures NOK 320 million healthcare construction project in Norway

Skanska has secured a NOK 320 million contract to design and construct the Langevann healthcare center in Egersund, Norway. The 8,000-square-meter facility will consolidate municipal healthcare and care services, including a 60-room nursing home. Construction is scheduled to start in November 2026, with completion targeted for January 2029.

Top Stories




Infrastructure News

View All
Skanska secures NOK 320 million healthcare construction project in Norway
HOSPITALS & HEALTHCARE

Skanska secures NOK 320 million healthcare construction project in Norway

Skanska has secured a NOK 320 million contract to design and construct the Langevann healthcare center in Egersund, Norway. The 8,000-square-meter facility will consolidate municipal healthcare and care services, including a 60-room nursing home. Construction is scheduled to start in November 2026, with completion targeted for January 2029.

Saint-Gobain to acquire D.S. Brown to expand North American infrastructure and construction chemicals portfolio
CONSTRUCTION

Saint-Gobain to acquire D.S. Brown to expand North American infrastructure and construction chemicals portfolio

Saint-Gobain has entered a definitive agreement to acquire D.S. Brown, a North American manufacturer of engineered infrastructure solutions. The transaction, targeting a company with projected $90 million annual revenue, will expand Saint-Gobain's construction chemicals platform and accelerate its penetration into regional transportation and civil engineering markets.

Defence

Global Defence News

Navy

Bharat Dynamics has signed a domestic contract valued at approximately Rs.13.07 billion with the Indian Navy to supply heavyweight torpedoes. The project, which involves no related-party transactions, is scheduled for complete execution within a strict 42-month delivery window.

Finance & Banking News

INVESTMENTS & FUNDING

Moneyview injects INR 2.5 billion into Whizdm Finance to scale operations

Moneyview Limited has injected INR 2.5 billion into its wholly owned subsidiary, Whizdm Finance Private Limited (WFPL), via an equity share subscription. This capital infusion aims to augment the lending subsidiary's financial foundation and support ongoing business expansion initiatives funded through the parent entity's initial public offering.

ISLAMIC FINANCE

Alandalus Property secures SAR 71.3 million facility to fund land acquisition

Alandalus Property Co. has secured SAR 71.3 million in short-term Islamic financing from Saudi Alawwal Bank to support a land purchase linked to its real estate expansion plans. The one-year facility, obtained on 13 October 2026, is secured by a promissory note and a mortgage over the property and aligns with the company's 2026–2030 investment diversification strategy.

CAPITAL MARKETS

Jio Platforms sets price band and bid parameters for IPO

Jio Platforms Limited has announced the pricing details and minimum bid requirements for its upcoming initial public offering, establishing a price band between ₹1,065 and ₹1,119 per equity share along with specific employee reservation provisions.

ISLAMIC FINANCE

Lesha Bank and ChinaAMC partner to launch Shari’a-compliant China equity fund

Lesha Bank has signed a strategic memorandum of understanding with ChinaAMC (HK) to introduce Qatar's first Shari'a-compliant China equity fund. The vehicle focuses on high-growth mainland and Hong Kong equities, establishing a robust cross-border investment framework between Gulf financial markets and China.

Resources

Global Energy & Power News

Victoria selects preferred partner for 2 GW offshore transmission link
EXCLUSIVE

Victoria selects preferred partner for 2 GW offshore transmission link

INVESTMENTS & FUNDING

India Cements secures stake in Zenataris Renewable Energy to boost green power integration

The India Cements Limited has agreed to acquire a 3.62% equity interest in Zenataris Renewable Energy Private Limited through an investment of up to Rs. 209 million. The transaction aims to fulfill green energy needs, decrease operational energy expenses, and satisfy captive power mandates.

Energy & Power

Waaree Renewable Technologies receives revised order scope valued at Rs. 220 million

Waaree Renewable Technologies Limited has secured an enhanced project scope under its existing contract for a 150 MWac ground-mount solar power project. The adjustment accounts for an additional financial value of approximately Rs. 220 million, with execution scheduled throughout the 2026-27 financial year.

Waaree Renewable Technologies receives revised order scope valued at Rs. 220 million

Technology & AI

View All
Proofpoint acquires Varonis Systems in 6.3 billion dollar all-cash deal to expand AI security platform

Proofpoint acquires Varonis Systems in 6.3 billion dollar all-cash deal to expand AI security platform

Proofpoint, a Thoma Bravo portfolio company, has agreed to acquire Varonis Systems in an all-cash transaction valued at 6.3 billion US dollars. The deal expands Proofpoint's cybersecurity platform by integrating Varonis's data and artificial intelligence security capabilities.

Private equity firms GTCR and Elliott agree to acquire CCC Intelligent Solutions in $6.1 billion buyout

Private equity firms GTCR and Elliott agree to acquire CCC Intelligent Solutions in $6.1 billion buyout

Private equity firms GTCR and Elliott Management have entered into a definitive agreement to acquire CCC Intelligent Solutions in an all-cash transaction valued at approximately $6.1 billion. Under the terms, stockholders will receive $7.75 per share, representing a significant premium over unaffected market prices prior to buyout speculation.

LTM secures multi-million-dollar managed services agreement with North American engineering firm

LTM secures multi-million-dollar managed services agreement with North American engineering firm

LTM has secured a multi-million-dollar agreement with a North American specialty engineering and construction enterprise to deploy an artificial-intelligence-driven managed services operating model over an initial three-year term.

Provigil Surveillance secures INR 2.91 billion rail security contract for Kumbh Mela 2027

Provigil Surveillance secures INR 2.91 billion rail security contract for Kumbh Mela 2027

Provigil Surveillance has secured an INR 2.91 billion contract from Northern Railway to deploy artificial intelligence video analytics, facial recognition, and command center infrastructure across multiple stations for the upcoming Kumbh Mela 2027.

Transportation News

INDIA

RVNL and DVC partner for rail infrastructure expansion

Rail Vikas Nigam Limited has signed a memorandum of understanding (MOU) with Damodar Valley Corporation to collaborate on modernizing rail infrastructure, expanding connectivity to power generation facilities, and developing captive coal networks.

INDIA

Jindal Steel subsidiary activates Western Dock Phase I operations at Paradip Port

Jindal Paradip Port Limited (JPPL) has commenced commercial operations for its 12.5 MTPA capacity Phase I project in Odisha ahead of schedule. The milestone strengthens maritime logistics and secures long-term raw material handling for its parent enterprise.

INDIA

Provigil Surveillance secures INR 2.91 billion rail security contract for Kumbh Mela 2027

Provigil Surveillance has secured an INR 2.91 billion contract from Northern Railway to deploy artificial intelligence video analytics, facial recognition, and command center infrastructure across multiple stations for the upcoming Kumbh Mela 2027.

CAMEROON

IsDB and Cameroon sign €212.35 million financing agreement for Douala-Bafoussam Road Rehabilitation Project

The Islamic Development Bank (IsDB) and the Republic of Cameroon have signed a €212.35 million financing agreement on the sidelines of the IMF-World Bank Annual Meetings in Bangkok. The project will rehabilitate 326 kilometers of roads connecting Cameroon's Littoral and West regions, alongside critical social infrastructure upgrades.

GERMANY

Siemens Mobility wins multibillion-euro battery rail programme with 30-year maintenance commitment in Germany

Siemens Mobility has secured a contract worth more than EUR 2 billion to supply 113 battery-electric regional trains to two public transport authorities in Lower Saxony, Germany. The agreement includes 30 years of maintenance, two new service facilities and options for up to 132 additional trains, with passenger operations scheduled to begin in late 2031.

BELGIUM; JAPAN

EIB and JBIC sign MoU to expand strategic infrastructure co-financing over next five years

The European Investment Bank (EIB) and Japan Bank for International Cooperation (JBIC) have signed a memorandum of understanding extending their partnership for five years. The agreement focuses on co-financing green energy, resilient supply chains, and reconstruction efforts in Ukraine.

AUSTRALIA; UNITED KINGDOM; UNITED STATES OF AMERICA

US Navy secures HII for submarine engineering to advance AUKUS defense initiative

HII’s Newport News Shipbuilding division has secured a US Navy contract worth up to $91 million to deliver engineering, design, and technical services supporting the trilateral AUKUS defense pact.

GREECE

Global Ship Lease secures $1 billion syndicated credit facility backed by eight international lenders

Global Ship Lease has finalized a $1 billion, seven-year syndicated loan facility priced at a 1.5% margin over SOFR. The oversubscribed credit arrangement involves a globally diversified banking syndicate and will fund scheduled newbuilding deliveries through 2030.

UNITED ARAB EMIRATES

Aegis Logistics to acquire Tristar from Agility Global in USD 1.5 billion transaction

Aegis Logistics has agreed to acquire the energy logistics provider Tristar from Agility Global in a transaction valued at USD 1.5 billion. The deal encompasses a total enterprise value of USD 1.5 billion and equity value of USD 882 million, with completion slated for March 2027.

INDIA

GP Petroleums enters port logistics through ₹442.7 million investment in Pipavav terminal operator

GP Petroleums has approved an investment of ₹442.7 million in Incubit Pipavav Terminal Private Limited, combining a minority shareholding with management control. The proposed transaction gives the lubricant manufacturer an entry into liquid-storage and port terminal operations at Pipavav, Gujarat, as it seeks to diversify revenue and explore opportunities in logistics infrastructure.

INDIA

Aegis Logistics to acquire majority stake in Tristar Holdings for 809 million dollars

Aegis Logistics has approved the acquisition of an 89.8% stake in Dubai-based Tristar Holdings for 809 million US dollars through its Singapore subsidiary. The deal expands Aegis's liquid logistics network across more than 30 countries and is expected to close in Q4 FY27.

UNITED KINGDOM

GE Aerospace commits GBP 30 million to expand Prestwick facility under GBP 57 million regional pact

GE Aerospace is committing GBP 30 million to expand its Prestwick MRO facility, backed by regional and national public funding totalling GBP 27 million and a planned GBP 6 million contribution from Scottish Enterprise, bringing total project funding to GBP 57 million.

INDIA

Univastu India secures telecom infrastructure contract worth INR 153.87 million for MMRDA Metro Lines 5 and 6

Univastu India Limited has been awarded a major domestic contract valued at INR 153.87 million by Colossus Infra Project. The agreement covers the comprehensive design, installation, integration, and two-year maintenance of telephone systems across MMRDA Metro Lines 5 and 6.

INDIA

Ircon International secures INR 8.62 billion EPC contract from East Central Railway for rail track modernization

Ircon International has secured an engineering, procurement, and construction contract worth INR 8.62 billion from East Central Railway (ECR). The project entails track upgrading, ballast supply, and heavy-axle load infrastructure improvements across designated regional divisions over a twelve-month execution timeframe.

INDIA

ARSS Infrastructure Projects secures ₹226.66 million contract for Cuttack City Ring Road expansion under state plan

ARSS Infrastructure Projects Limited has secured a domestic work order valued at approximately ₹226.66 million from the office of the Superintending Engineer Kataka. The contract involves widening and strengthening a key section of the Cuttack City Ring Road to six-lane standards within an execution window of eight months.

INDIA

Aequs expands partnership with Safran through long-term aerospace component supply agreements

Aequs has signed long-term agreements with Safran to supply critical aerospace components, expanding its manufacturing footprint across multiple group entities and bolstering production at its Tamil Nadu facility.

MACEDONIA

STRABAG-Led consortium secures EUR 219 million highway construction contract in North Macedonia

A consortium led by STRABAG has secured a EUR 219 million infrastructure contract to construct an 11.5-kilometer motorway section in North Macedonia. Funded partly by the European Bank for Reconstruction and Development (EBRD) and the European Union (EU), the four-year project aims to strengthen regional connectivity along European Corridor VIII.

BENIN; SAUDI ARABIA

IsDB and Benin commit €326 Million to transport and agricultural projects

The Islamic Development Bank and the Republic of Benin have signed agreements totaling €326 million to co-finance major transport and agricultural initiatives. The funding targets regional corridor expansion and soil fertility enhancement to support long-term economic growth and resilience.

AZERBAIJAN

ADB approves $302.38 million loan for Baku Metro signaling modernization and operations digitalization project

The Asian Development Bank (ADB) has sanctioned a $302.38 million loan to support the Baku Metro Signaling Modernization and Operations Digitalization Project. This initiative upgrades signaling networks and digital operations to enhance urban transit safety and efficiency in Azerbaijan's capital.

ESTONIA; FINLAND

Viking Line extends engine maintenance coverage as Wärtsilä adds third ferry to service portfolio

Wärtsilä has entered into a five-year engine service agreement with Viking Line for the ferry Viking XPRS, which operates between Helsinki and Tallinn. Booked in the second quarter of 2026, the agreement expands the operator’s existing lifecycle maintenance arrangements and targets improved vessel availability, more predictable servicing expenditure and reliable ferry operations.

Regional Desks

Industry & Manufacturing News

United States of America

Faraday Copper completes $657.9 million San Manuel acquisition from BHP to establish Redhawk Copper Complex in the US

Read News →

Japan; United States of America

Penske Automotive Group to delist from NYSE in $16.3 billion privatization transaction led by Penske Corporation and Mitsui

Read News →

India

Vikram Solar secures 187 MW module supply contract for regional utility projects

Read News →

India

Bharat Dynamics secures Rs.13.07 billion contract from Indian Navy for heavyweight torpedoes

Read News →

India

Aeroflex Neu expands into AI infrastructure with majority stake purchase in Stilonn Valves

Read News →

India

Solar Industries subsidiary acquires Sivasakthi Industrial Explosives for INR 1.15 billion

Read News →

Belgium; Japan

EIB and JBIC sign MoU to expand strategic infrastructure co-financing over next five years

Read News →

Cote dIvoire (Ivory Coast); Senegal

EBRD extends €99.1 million financing to modernize mining operations in Côte d’Ivoire and Senegal

Read News →

Malaysia

JAG Capital acquires 6.17% stake in Metal Bank to expand upstream gold exposure

Read News →

Canada

Mayfair Gold secures C$10 million strategic investment from Macquarie Bank for Fenn-Gib Gold Project

Read News →

Finland; Hungary; India; United Kingdom; United States of America

AURELIUS targets private wireless growth with acquisition of Nokia ECE division

Read News →

Canada

Integra Resources advances DeLamar gold-silver project with GenCap financing mandate

Read News →

India

Hyundai Motor Group commits USD 15.5 billion to expand manufacturing and R&D footprint in India through 2032

Read News →

India

Tata Power EV Charging Solutions expands highway infrastructure in Uttar Pradesh with new fast charging stations along NH 19

Read News →

United States of America

SSR Mining acquires Roxmore Resources to expand Nevada operations in USD 464 million transaction

Read News →

Malaysia

Sultan Ibrahim acquires 2.25% stake in Southern Alliance Mining in S$6.1 million transaction

Read News →

Germany; Sweden

AddLife expands European Medtech portfolio with acquisition of LEHNEN

Read News →

United States of America

Dot AI targets NASDAQ compliance and expands shared mobility footprint through 65 million USD all stock acquisition of Envoy Technologies

Read News →

Malaysia

Malaysia Steel Works acquires 51% stake in Anpec Global to expand high-voltage engineering and grid capabilities

Read News →

United States of America

Advantage Distribution Holdings expands Midwestern footprint through acquisition of Badger Metals

Read News →

Projects

Skanska secures NOK 320 million healthcare construction project in Norway
Health & Medical

Skanska secures NOK 320 million healthcare construction project in Norway

Skanska has secured a NOK 320 million contract to design and construct the Langevann healthcare center in Egersund, Norway. The 8,000-square-meter facility will consolidate municipal healthcare and care services, including a 60-room nursing home. Construction is scheduled to start in November 2026, with completion targeted for January 2029.

Read News →
Victoria selects preferred partner for 2 GW offshore transmission link
Energy & Power

Victoria selects preferred partner for 2 GW offshore transmission link

State energy body VicGrid has appointed ACCIONA as preferred development partner to design and manage a transmission corridor connecting 2 GW of Gippsland offshore wind to Victoria’s power grid, supporting Australia’s energy transition targets.

Read News →
Jordan seeks private developers for 450 MW Mujib pumped-storage energy venture
Energy & Power

Jordan seeks private developers for 450 MW Mujib pumped-storage energy venture

Jordan has initiated a public-private partnership prequalification process for a 450 MW pumped-storage hydropower facility near Mujib Dam, aimed at boosting grid resilience and integration of renewable energy sources.

Read News →
LTM secures multi-million-dollar managed services agreement with North American engineering firm
Technology

LTM secures multi-million-dollar managed services agreement with North American engineering firm

LTM has secured a multi-million-dollar agreement with a North American specialty engineering and construction enterprise to deploy an artificial-intelligence-driven managed services operating model over an initial three-year term.

Read News →
Vikram Solar secures 187 MW module supply contract for regional utility projects
Energy & Power

Vikram Solar secures 187 MW module supply contract for regional utility projects

Vikram Solar has secured a contract to supply 187 MW of high-efficiency N-Type TOPCon G12R modules for utility-scale solar installations across Karnataka and Tamil Nadu. The project delivery is scheduled for completion by December 2026, reinforcing the manufacturer's growing footprint in the domestic clean energy supply chain.

Read News →
Suyog Urja secures INR 2.28 billion wind EPC contract for Maharashtra project from ARIE Energy
Energy & Power

Suyog Urja secures INR 2.28 billion wind EPC contract for Maharashtra project from ARIE Energy

Suyog Urja Limited, a subsidiary of Enviro Infra Engineers, has secured a letter of intent worth INR 2.28 billion to execute engineering, procurement, and construction services for a 100 MW wind power facility in Latur, Maharashtra, slated for completion by July 2027.

Read News →
Waaree Renewable Technologies receives revised order scope valued at Rs. 220 million
Energy & Power

Waaree Renewable Technologies receives revised order scope valued at Rs. 220 million

Waaree Renewable Technologies Limited has secured an enhanced project scope under its existing contract for a 150 MWac ground-mount solar power project. The adjustment accounts for an additional financial value of approximately Rs. 220 million, with execution scheduled throughout the 2026-27 financial year.

Read News →
RVNL and DVC partner for rail infrastructure expansion
Infrastructure

RVNL and DVC partner for rail infrastructure expansion

Rail Vikas Nigam Limited has signed a memorandum of understanding (MOU) with Damodar Valley Corporation to collaborate on modernizing rail infrastructure, expanding connectivity to power generation facilities, and developing captive coal networks.

Read News →
NTPC and Africa50 formalize pact to accelerate power development across Africa
Energy & Power

NTPC and Africa50 formalize pact to accelerate power development across Africa

India's largest power utility, NTPC, has entered into a cooperation agreement with infrastructure investor Africa50 to identify, assess and develop electricity generation projects and cross-border trading opportunities across the African continent.

Read News →
Jindal Steel subsidiary activates Western Dock Phase I operations at Paradip Port
Infrastructure

Jindal Steel subsidiary activates Western Dock Phase I operations at Paradip Port

Jindal Paradip Port Limited (JPPL) has commenced commercial operations for its 12.5 MTPA capacity Phase I project in Odisha ahead of schedule. The milestone strengthens maritime logistics and secures long-term raw material handling for its parent enterprise.

Read News →
Just In
1 hour ago Skanska secures NOK 320 million healthcare construction project in Norway 2 hours ago Labcorp executes 722 million dollar asset purchase agreement to acquire BioReference diagnostics units from OPKO Health 2 hours ago Mankind Pharma enters oncology cell therapy market with 48 million euro acquisition of Armed Cell Therapeutics 2 hours ago Proofpoint acquires Varonis Systems in 6.3 billion dollar all-cash deal to expand AI security platform