ContourGlobal Secures $350 Million For US Solar Project

05 Nov 2025 CW Team

ContourGlobal, the energy company owned by US investment firm KKR, has secured a funding package worth over $350 million to support its large-scale solar installations in Colorado. The financing will back the company’s Black Hollow Sun project, which aims to significantly expand renewable energy generation in the region.

The deal includes a tax equity investment from Tyr Energy, a subsidiary of Japan’s ITOCHU Corporation, alongside a debt financing arrangement led by a consortium of international lenders.

With demand for electricity in the United States rising due to artificial intelligence data centres and ongoing decarbonisation efforts, energy producers are increasingly partnering with global investors and banks to accelerate clean power deployment.

The Black Hollow Sun project is expected to achieve a peak output of 324 megawatts upon completion of its second phase by the end of 2026. According to ContourGlobal, total financing could exceed $421 million once both phases are fully completed.

The debt portion of the funding was arranged by a syndicate comprising Crédit Agricole CIB, ING Capital LLC, Intesa Sanpaolo, Mizuho, and MUFG.

The new financing marks a major step in ContourGlobal’s renewable energy expansion in North America, reinforcing its commitment to sustainable power generation and energy transition initiatives.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..