EJF Capital and Chartwell Residential have closed $67.35m construction loan from Synovus Bank to develop the first phase of a multifamily scheme at Metrocenter neighbourhood in Nashville.
Cargill has announced its plans to construct a new soybean processing facility in Pemiscot County, Missouri, US.
The Gun Lake Casino in Michigan has commenced the next phase of expansion that would see the addition of a hotel and a resort.
US-based Lucid Motors has inked agreements for the construction of electric vehicle production facility in Saudi Arabia.
Panama government and energy companies plan to build an advanced biorefinery to boost supply of lower-carbon aviation fuel.
Renewable energy company Drax has submitted application seeking planning consent to build $613m underground pumped storage hydro power station at its Cruachan Power Station in Scotland to support UK energy security, cut down energy costs and carbon emissions.
Black Construction, the Guam-based subsidiary of construction company Tutor Perini Corporation, has secured an $83.73m contract for design and construction of wharf improvements at Naval Base Guam.
Wehouse, an India-based tech-powered construction aggregator platform, has raised $1m in its first funding round to expand across India.
NJ Transit has awarded AECOM an engineering services contract for New Jersey’s Bus Garage Modernization Program.
Colas Rail has secured a contract to construct low-voltage systems for T3 and T4 lines of the Casablanca tramway in Morocco.
ACE Green Recycling (ACE) has announced its plans to construct and operate four new lithium-ion battery recycling facilities with an expected total capacity of over 30,000 tonnes per year.
Webuild-led consortium has secured a contract worth more than $1.04bn (€1bn) to construct Lot 3 of the Sibiu-Pitesti Highway in Romania.
The Water & Effluent Treatment business of L&T Construction has bagged a design and build contract from the Public Health Engineering Department of the Indian state of Rajasthan to complete a Parallel Carrier System for the Rajiv Gandhi Lined Canal (RGLC Phase III).
Magellan, which develops next-generation fiber networks, has commenced the design and construction of fiber-to-the home-networks, worth over $250m.
South Korean firm Samsung C&T has announced its plan to invest $70m in US-based NuScale, which aims to construct small nuclear power reactor projects.
Glytch, has announced Populous as the design architect for its planned 32 esports stadiums across America and Canada.
China’s leading real estate developer Sunac China Holdings has stated that it did not pay a dollar-bond coupon before the end of deadline on 11 May 2022 and does not think to would be able to make payments on other notes as well.
Mill Creek Residential a US-based rental housing developer, owner-operator and investment manager, has broken ground on Amavi Sherrills Ford, a master-planned community in North Carolina.
Sogea-Satom, a subsidiary of Vinci Construction, has been appointed by the Côte d’Ivoire Ministry of Equipment and Road Maintenance to reinstate a stretch of the Coastal Road between Dabou and Grand Lahou.