Category Press Releases

Franklin BSP Realty Trust, Inc. Completes $1.024 Billion CRE CLO Transaction

Franklin BSP Realty Trust, Inc. (NYSE: FBRT) has successfully closed BSPRT 2024-FL11 (“FL11”), a managed Commercial Real Estate Collateralized Loan Obligation valued at $1.024 billion. This CLO features a 36-month reinvestment period and includes a $100 million acquisition phase specifically…

Read MoreFranklin BSP Realty Trust, Inc. Completes $1.024 Billion CRE CLO Transaction

ABS Approves Bouygues Travaux Publics’ OO-STAR Floating Wind Turbine Foundation

The American Bureau of Shipping (ABS) has granted Approval in Principle (AiP) to Bouygues Travaux Publics’ OO-STAR concrete semi-submersible floating platform. This structure can support wind turbines exceeding 20 MW, designed for challenging offshore conditions. The approval marks a significant…

Read MoreABS Approves Bouygues Travaux Publics’ OO-STAR Floating Wind Turbine Foundation

KBR Secures $113M Contract to Boost Digital Engineering for Future Tanker Programs

KBR (NYSE: KBR) has secured a $113 million task order to support aeronautical systems research, development, testing, and evaluation for the Air Force Life Cycle Management Center’s (AFLCMC) Mobility Directorate at Wright-Patterson Air Force Base, Ohio. The five-year contract was…

Read MoreKBR Secures $113M Contract to Boost Digital Engineering for Future Tanker Programs

Westinghouse and Bechtel Announce Investment in Poland’s First Nuclear Power Plant

Industry Leaders Reaffirm Commitment to Poland’s First Nuclear Power Plant as Government Announces Funding Westinghouse Electric Company and Bechtel have expressed their support for the Polish government’s plan to allocate 60 billion zloty for the construction of the country’s first…

Read MoreWestinghouse and Bechtel Announce Investment in Poland’s First Nuclear Power Plant

BAM Launches Industrial and Circular Production of Flow Wooden House Concept

BAM has officially begun the production of its innovative Flow wooden homes, following three years of extensive research, design, engineering, testing, and the creation of a unique platform technology. Using advanced production facilities in Oudkarspel and Heerhugowaard, located north of…

Read MoreBAM Launches Industrial and Circular Production of Flow Wooden House Concept