The Canadian infrastructure market has had a busy few weeks! The industry's latest news, from new funding policies to major transport and energy projects, is identified in this edition of the Infrastructure Insider.
1. The latest developments in the Canadian infrastructure market
- New developers admitted to SaskPower’s 200 MW wind energy call for tenders
- Colas acquires Miller McAsphalt Corporation
- DONG Energy forms a partnership for the British Columbia offshore wind project
- SNC-Lavalin invests in the Carlyle Global Infrastructure Fund
- InstarAGF acquires Skyservice
- Northland Power refinances a portfolio of solar projects in Ontario
- A hyperloop link contemplated between Montréal and Toronto
- ... and many more
2. Hyperloop: Hypercool? Or Hyperflop?
A system like this installed between Los Angeles and San Francisco would make it possible to connect the two cities in less than 30 minutes, faster than a plane that travels the same distance in 35 minutes at a speed of 885 km/h. Eventually, this mode of transport could connect multiple countries, even the world, by connecting the biggest cities like a kind of subway, but on a global scale.
3. Renewable energy: an update on market trends
For several years now, renewable energy can no longer be considered as developing technology, but rather as a mature industry, competitive with fossil fuels, subject to economic cycles and consolidation movements, which is gradually moving away from the backing of public authorities.