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The Northern Endurance Partnership (NEP) CO2 pipeline in North England is expected to reach financial close by the end of the year. The £4 billion debt package has received strong commitment from the lending community, but the impending election has delayed the deal. Societe Generale is leading the process as the financial adviser for the sponsor consortium, which includes BP, Equinor, and TotalEnergies. The NEP project is separate from the Net Zero Teesside Power (NZT Power) project but is closely aligned with it. The Humber CO2 pipelines will connect to the Endurance storage site and nearby expansion CO2 stores, reducing emissions from sites across Yorkshire and Lincolnshire. [Extracted from the article]

High Power Exploration (HPX) and Guma Africa Group have signed a letter of intent with the Government of Liberia to negotiate the DBFO of the Liberty Corridor, a new infrastructure project connecting Guinea and Liberia. The corridor, estimated to cost between $3 and $5 billion, will include extending the hydropower network, upgrading road networks, and implementing fiber optic telecommunication cables. The project aims to aid in the development and transportation of key minerals in Guinea. HPX and Guma Africa Group will work with the Liberian Government to expand the mining sector and create sustainable jobs. [Extracted from the article]

Ridgecrest and Galapagos Cable Systems (GCS) have agreed to a non-binding head of agreement to perform a reverse takeover and listing on the London Stock Exchange. GCS has been granted the right to develop the only telecommunications cable landed on the Galapagos Islands. Through capacity lease agreements with established telecoms operators, GCS will operate the cable, with plans for WiFi mesh installations, 5G base station leasing, and cables across the Pacific. The project is expected to begin in early 2024 and aims to improve telecommunication services for the residents and tourists of the Galapagos Islands. The reverse takeover by Ridgecrest is subject to raising funds, due diligence, and regulatory processes. [Extracted from the article]

The proposed EMCS is a large-capacity optical fibre submarine cable connecting 4 islands amongst Pohnpei and Kosrae in Micronesia, Tarawa in Kiribati, and Nauru. Japanese information technology company NEC has bagged the contract to construct, supply, and install about 2,250km of submarine cable system linking 3 island countries in Oceania. [Extracted from the article]

Alcatel Submarine Networks (ASN) has begun development of its Climate Change Solution, including the integration of scientific sensors inside submerged plant bodies along telecommunication cables. [ABSTRACT FROM AUTHOR]

"This is ADB's first private sector infrastructure financing transaction in the Maldives", said Suzanne Gaboury, director general at ADB. IFC and the Asian Development Bank (ADB) have agreed to provide a $55 million debt package to Dhivehi Raajjeyge Gulhun Private (Dhiraagu), Maldive's largest digital and telecom service provider, the development finance institutions announced yesterday (26 October 2022). [Extracted from the article]

Sparkle confirms the activation of its spectrum capacity on the Monet subsea cable system which connect Brazil to the US. [ABSTRACT FROM AUTHOR]

Flexential and Angola Cables are to extend the reach of the Monet cable to Fort Lauderdale, Florida. [ABSTRACT FROM AUTHOR]

Indian telecom multinational Bharti Airtel, also known as Airtel, has joined the SEA-ME-WE-6 undersea cable consortium to increase its high-speed global network capacity to serve India's growing digital economy. Airtel will land the SEA-ME-WE-6 cable system in India at new landing stations in both Mumbai and Chennai, which will be fully integrated with Nxtra by Airtel's data centres in both cities. [Extracted from the article]

It means the state of Massachusetts in the US is now connected with Le Porge in France, and Bude in Cornwall, UK. Commissioning is scheduled for early 2022 and Orange will benefit from two pairs of fibre optic cables as part of this new system, offering capacity up to 23 Tbp/s each. Jean-Luc Vuillemin, head of international networks and services at Orange said: "With this new agreement, we are yet again demonstrating our skills and expertise in transatlantic submarine cables. [Extracted from the article]

Fritzsche (pictured) has spent the last 25 years at Wells Fargo in Chicago, where she was a managing director and senior equity analyst, covering the telco, cable and communications infrastructure industries. Bouten said yesterday that he is taking on a new position at Greenhill, with global coverage as head of telecom and digital infrastructure, with Jonathan Dann as head of European telecom and digital infrastructure. [Extracted from the article]

Orange is a member of the consortium building this 6,800km cable project, which will connect Massachusetts (USA), Le Porge (France) and Bude (UK). In addition, Orange will serve as the French landing provider on AMITE, specifically operating and maintaining the system's landing station. [Extracted from the article]

The building is a carrier hotel, colocation data centre and office building located in downtown Portland, Oregon. Pittock Block is the second investment for Harrison Street and 1547 following the acquisition of the Wells Building, a carrier hotel and data centre located in Milwaukee, Wisconsin. [Extracted from the article]

Reporting to Comcast Cable president and CEO Dave Watson, Jennings will take responsibility for all Comcast cable operations across 14 US states. Jennings succeeds Steve White, who stepped down after 18 years in operations at Comcast Cable to become president, special counsel to the CEO. [Extracted from the article]

"This is ADB's first private sector infrastructure financing transaction in the Maldives", said Suzanne Gaboury, director general at ADB. IFC and the Asian Development Bank (ADB) have agreed to provide a $55 million debt package to Dhivehi Raajjeyge Gulhun Private (Dhiraagu), Maldive's largest digital and telecom service provider, the development finance institutions announced yesterday (26 October 2022). [Extracted from the article]

Crosslake Fibre's Lake Ontario network is an unrepeated subsea cable system, the first across Lake Ontario to directly connect Toronto, Canada and Buffalo, New York with dark fibre. In July of this year, Crosslake Fibre named BSO Networks as its exclusive partner to deliver Crosslake's Velocity - a new low-latency network between Toronto and New Jersey. [Extracted from the article]