> ## Content Index > Fetch the complete content index at: https://newsletters.qs.com/llms.txt > Use this file to discover other available public pages before exploring further. # ๐ŸŒ† Infra Futures #10 - URL: https://newsletters.qs.com/infra-futures-10/ - Published: 2024-09-30T11:30:55.000Z - Updated: 2024-09-30T11:30:55.000Z - Description: HolonIQ's Infra Newsletter covers the latest developments in energy infrastructure, transport infrastructure, and buildings and highlights the week's top infrastructure deals. - Author: QS - Tags: Green Skills **Happy Monday ๐Ÿ‘‹** A $2.5B subsea interconnector was approved this week, linking the [green electricity grids](https://www.offshore-energy.biz/worlds-longest-and-deepest-e2-4-billion-subsea-green-electricity-interconnector-given-a-go-at-mediterranean-energy-map-metamorphosis/?ref=newsletters.qs.com) of Cyprus, Greece, and Israel. India is planning a $1.2B investment in the petroleum and natural gas sector to enhance [India's energy infrastructure](https://energy.economictimes.indiatimes.com/news/oil-and-gas/pm-modi-to-dedicate-10400-crore-in-energy-projects-bolstering-indias-infrastructure-and-green-transition/113682883?ref=newsletters.qs.com). ECL is building the worldโ€™s first off-grid [hydrogen-powered](https://energycentral.com/news/ecl-announces-world%E2%80%99s-first-1-gigawatt-grid-hydrogen-powered-ai-factory-data-center?ref=newsletters.qs.com) AI data center (1 GW) near Houston. A study by the International Association of Ports and Harbors estimates that $55-83 trillion is needed for [climate-resilient port](https://www.worldcargonews.com/news/2024/09/us-55-83-trillion-needed-for-green-port-infrastructure-in-developing-countries/?ref=newsletters.qs.com) infrastructure in developing countries. POSCO E&C partnered with ten concrete companies in Jeonju to promote eco-friendly concrete containing [blast furnace slag](https://www.mk.co.kr/en/business/11125659?ref=newsletters.qs.com), while Washington state's top education official is urging lawmakers to allocate an additional $3B to fully fund [K-12 public schools](https://www.kuow.org/stories/wa-s-top-education-official-requests-additional-3b-for-public-schools?ref=newsletters.qs.com). Diamondback Energy and Kinetik have acquired a 30% stake in Epic Crude, a key [pipeline operator](https://www.offshore-technology.com/news/diamondback-kinetik-epic-crude-stake/?ref=newsletters.qs.com). ## ๐Ÿ—๏ธEnergy Infrastructure **โšก Massive $2.5B** **subsea green electricity interconnector approved.** A $2.5B subsea HVDC interconnector project will link the [green electricity grids](https://www.offshore-energy.biz/worlds-longest-and-deepest-e2-4-billion-subsea-green-electricity-interconnector-given-a-go-at-mediterranean-energy-map-metamorphosis/?ref=newsletters.qs.com) of Cyprus, Greece, and Israel, enabling clean energy transmission between Europe, the Middle East, and Asia. **๐Ÿ”‹ PM Modi to Dedicate $1.2B in Energy Projects.** Prime Minister Narendra Modi is set to launch and dedicate various initiatives in the petroleum and natural gas sector totaling $1.2B, boosting[ India's energy infrastructure](https://energy.economictimes.indiatimes.com/news/oil-and-gas/pm-modi-to-dedicate-10400-crore-in-energy-projects-bolstering-indias-infrastructure-and-green-transition/113682883?ref=newsletters.qs.com) and green transition. **๐Ÿ’ป World's First Massive Off-Grid AI Data Center Announced.** ECL announced plans to build a 1 GW off-grid, [hydrogen-powered](https://energycentral.com/news/ecl-announces-world%E2%80%99s-first-1-gigawatt-grid-hydrogen-powered-ai-factory-data-center?ref=newsletters.qs.com) AI data center near Houston to support the next wave of AI innovation. ## ๐Ÿš˜Transport Infrastructure โš“ **Massive Investment Needed for Green Port Infrastructure.** A study by MTBS for the International Association of Ports and Harbors (IAPH) estimates that between $55-83T is required for developing energy-efficient and [climate-resilient port](https://www.worldcargonews.com/news/2024/09/us-55-83-trillion-needed-for-green-port-infrastructure-in-developing-countries/?ref=newsletters.qs.com) infrastructure in developing countries. **๐Ÿšข Nigeria to Build $3.5B Bakassi Seaport.** Nigerian officials have announced plans to construct a new [$3.5B seaport](https://www.globalconstructionreview.com/nigeria-ready-to-build-3-5bn-bakassi-seaport/?ref=newsletters.qs.com) on the Bakassi peninsula in the southeast of the country. **๐Ÿ›ฃ๏ธ Major Investment in European Transport Infrastructure.** $2.7B has been allocated for the [construction and modernization](https://trans.info/en/european-transport-infrastructure-398983?ref=newsletters.qs.com) of European transport infrastructure in the European Union, as well as in Ukraine and Moldova, both of which are associated countries under the Connecting Europe Facility (CEF). ## ๐Ÿ›๏ธ Buildings **๐Ÿจ POSCO E&C partners with local concrete firms for eco-friendly construction.** POSCO E&C, a major construction company in South Korea, signed an agreement with ten small and medium-sized ready-mixed concrete companies in Jeonju to increase the use of eco-friendly concrete containing [blast furnace slag](https://www.mk.co.kr/en/business/11125659?ref=newsletters.qs.com). **๐Ÿข New UK Net Zero Carbon Buildings Standard Unveiled.** Climate and industry groups have published a draft of new technical standards for[ net zero carbon buildings](https://www.businessgreen.com/news/4362903/uk-net-zero-carbon-buildings-standard-climate-industry-publish-draft-rules?ref=newsletters.qs.com) in the UK to address misleading environmental claims in the construction industry. **๐Ÿ›ซ JFK Airport's New Terminal to Host Largest US Airport Microgrid.** JFK International Airport's new Terminal One will host the [largest airport microgrid](https://www.utilitydive.com/news/jfk-new-terminal-one-largest-airport-microgrid-solar-panels/728040/?ref=newsletters.qs.com) in the United States. Construction has begun, featuring more than 13,000 solar panels and part of a 12-MW microgrid. ## ๐ŸซSocial Infrastructure **๐Ÿซ Washington's education chief seeks $3B boost for public schools.** The top education official in Washington state is calling on lawmakers to fully fund [K-12 public schools](https://www.kuow.org/stories/wa-s-top-education-official-requests-additional-3b-for-public-schools?ref=newsletters.qs.com) by allocating an additional $3B. **๐ŸŽ’ UP Government to Open India's First Gen-AI Integrated Campus.** The Uttar Pradesh government has approved a proposal to open a new campus that will integrate generative [artificial intelligence](https://www.thehighereducationreview.com/universities/news/up-government-to-open-indias-first-genai-integrated-campus-nid-5206.html?ref=newsletters.qs.com) (Gen-AI) technology, which will be the first of its kind in India. ## **๐Ÿ’ฐ** Infra Deals **๐Ÿ‘ท Diamondback Energy and Kinetik Increase Stake in Epic Crude Pipeline Operator.** Diamondback Energy and Kinetik have jointly acquired a 30% equity stake in Epic Crude, a key [pipeline operator](https://www.offshore-technology.com/news/diamondback-kinetik-epic-crude-stake/?ref=newsletters.qs.com) and a unit of Epic Midstream. **๐Ÿ–ฅ๏ธ Sixth Street to Acquire Minority Stake in EdgeConneX.** Sixth Street, a global investment firm, is acquiring a minority stake in EdgeConneX, a [data center provider](https://www.pehub.com/sixth-street-to-acquire-minority-stake-in-data-center-provider-edgeconnex-from-eqt/?ref=newsletters.qs.com), from EQT. The transaction is expected to close in the fourth quarter of 2024. **๐Ÿ—๏ธ Fletcher Building Seeks $700M Capital Raise.** Fletcher Building, a troubled building products and construction company, is seeking to raise $700M due to poor demand and declining house sales. --- **Thank you for reading. Have a great week ahead!** Have some feedback or suggestions? Let us know at hello@holoniq.com [ ](https://newsletters.qs.com/psychedelic-mental-health-treatments-south-asia-health-tech-100-2/)