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£2.7bn investment pledge by water firms

The UK’s water companies will pour a total of £2.7bn into environmental improvements over the next five years, it was announced this morning. On top of £1.9bn of pre-planned spending, sector regulator Ofwat has this morning approved an extra £793m of investment. The watchdog said that the additional spending would “allow water companies to take […]

Posted by: Nathan Spencer

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Amazon pledges to invest £1.8bn into UK digital infrastructure

The news comes as demand for digital infrastructure continues to rise as well as to bolster the country’s infrastructure assets, doubling AWS’ total investment in the UK. As of 2018, AWS had three availability zones in its London Region, as well as various edge locations across the UK which are connected to the AWS region […]

Posted by: Nathan Spencer

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APCOA and REEF announce exciting new urban mobility hubs collaboration across 1,500 locations in UK & Ireland

APCOA and REEF are delighted to announce an exciting new partnership which will allow the parties to jointly turn existing locations into distribution and logistics centres for greener, more efficient last-mile deliveries. The deal supports APCOA’s vast network of 1,500 locations across UK & Ireland to maximise value and utilisation for their clients and is […]

Posted by: Nathan Spencer

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BP to invest £50m in new global battery R&D centre

BP today unveiled plans to invest up to £50 million (around $60 million) in a new, state-of-the-art electric vehicle (EV) battery testing centre and analytical laboratory in the UK. BP has previously announced its intention to invest up to £18 billion in the UK’s energy system by the end of 2030; this additional new investment […]

Posted by: Nathan Spencer

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Combined Authority looks to reinvent transport strategy post Mayoral-election

Prioritising left behind communities, tackling inequalities and accelerating carbon reduction will form part of a renewed strategy for better transport across Cambridgeshire and Peterborough. At its meeting on July 28, the Combined Authority Board agreed to proceed with a reinvention of the transport strategy in the region through a revamped Local Transport Plan (LTP). An […]

Posted by: Nathan Spencer

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Council unveils bold new plans to shape the district’s future transport

Bradford Council, in partnership with the West Yorkshire Combined Authority, has launched a major public consultation on a flagship programme of forwarding-thinking transport and place-making schemes to drive forward Bradford’s future regeneration. The four proposed schemes would create a more attractive and pleasant civic centre for the district, designed for people to mill about, enjoy […]

Posted by: Nathan Spencer

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Electricity distributors announce £7.7bn investment plans

Electricity distributors UK Power Networks and Northern Powergrid have outlined business plans backed by £4.5bn and £3.2bn of spending respectively, both with a heavy focus on low-carbon generation and technologies. UK Power Networks, which supplies electricity across London, the South-East and East of England, stated that it has developed its new draft business plan for 2023-2028 with […]

Posted by: Nathan Spencer

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GLIL secures record £1.2bn to drive UK infrastructure investment

GLIL Infrastructure LLP (“GLIL”) has raised a further £1.2 billion from its members – its biggest fundraising since the fund launched in 2015 – for further investment in core UK infrastructure assets. The additional capital commitment comes from across all of GLIL’s Local Government Pension Scheme (“LGPS”) fund members, including Greater Manchester, Merseyside and West […]

Posted by: Nathan Spencer

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Global Director – Energy & Facilities @ CTEK

The prospect of high-speed journeys adding extra capacity into the rail network, and helping to close the distances between towns and cities in the Midlands and North, took a giant leap forward today (24 January 2022) as the Bill for the Crewe–Manchester extension of the HS2 network was submitted to Parliament. The Bill sets out […]

Posted by: Nathan Spencer

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Gresham House invests £164m in Borderlink Broadband

Gresham House’s British Sustainable Infrastructure Fund (BSIF) has invested £164m (€191m) in fibre broadband provider Borderlink Broadband. Gresham House said the investment is being made via its BSIF I and BSIF II funds. Borderlink, trading as rural broadband provider GoFibre, serves residential and business customers across Scotland, Cumbria and Northumberland. BSIF’s £164m funding, together with […]

Posted by: Nathan Spencer

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