London has most expensive construction costs in Europe, second in the world



  • The International Construction Costs Index published by Arcadis, analyses the relative costs of construction across 44 major cities, and also shows a crucial imbalance in London’s expensive construction market.
  • London is the most expensive city in Europe and the second most expensive city worldwide in which to build, according to an index from a global design and consultancy business.
  • At the other end the least expensive cities for construction are Taipei, Bangalore, Bangkok, Kula Lumpur, Ho Chi Min, Bucharest, Prague, Sarajevo, Sofia and Jakarta.
  • Overall the top city is New York, with Hong Kong in third place followed by Geneva and Macau.
  • Cost premiums in the top cities range from 40% to 60% in comparison with other European counterparts.


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One man pulled alive from landslide in China’s Shenzhen



  • A half-buried truck is seen at an industrial estate hit by a landslide in Shenzhen, Guangdong province, December 23, 2015.
  • Damaged vehicles and containers are seen at an industrial estate hit by a landslide in Shenzhen, Guangdong province, December 23, 2015.
  • Rescuers walk along tyre tracks at the site of a landslide which hit an industrial park on Sunday in Shenzhen, Guangdong province, China, December 22, 2015.
  • On Tuesday, police raided offices of the company that was managing the dump site, Shenzhen Yixianglong Investment Development.
  • Rescue workers work on a damaged building during search and rescue operations at an industrial estate hit by a landslide in Shenzhen, Guangdong province, December 23, 2015.


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NTE Energy Closes Financing for 475 MW PJM Project in Ohio



  • NTE Energy, a power developer and energy services provider, announced today that its affiliate NTE Ohio, LLC (“NTE”), has successfully closed $645 million in project financing for construction and operation of its Middletown Energy Center.
  • NTE Energy, through its affiliates, develops and acquires strategically located electric generation and transmission facilities within North America.
  • Capital Dynamics’ CEI team holds extensive expertise in investing, financing, owning and operating conventional and clean energy businesses globally.
  • NTE Energy, through its affiliates, is actively developing three projects located in West Texas, Southwest Ohio, and North Carolina as well as pursuing early-stage opportunities in several other locations.
  • The team executes all aspects of project development, from initial market and site evaluations and permitting to financing, construction and operation.


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