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Construction PRO
The Star in talks with Salter Brothers on $940M refinancing
Construction 2025-03-11 11:58 pm By Julia Kanapathippillai

Struggling casino operator The Star is in talks with investment manager Salter Brothers on a potential $940 million refinancing of all of its debt.

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Construction PRO
Lendlease wins contract for National Gallery of Victoria expansion
Construction 2025-03-11 11:06 pm By Julia Kanapathippillai

Lendlease has been awarded a major contract for construction on a new National Gallery of Victoria building to showcase contemporary art, which recently received a $100 million philanthropic cash injection.

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Construction PRO
Star Entertainment secures lifeline with $53M sale of Queen’s Wharf stake
Construction 2025-03-07 10:38 pm By Cat Fredenburgh

Star Entertainment has reached an agreement with Hong Kong-based investors Chow Tai Fook Enterprises and Far East Consortium on the $53 million buyout of its stake in the Queen’s Wharf entertainment project in Brisbane. 

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Construction PRO
Quinbrook develops breakthrough long-term solar battery
Energy & Natural Resources 2025-03-06 11:43 pm By Andy Sidler

In what is believed to be a world first, specialist investment manager Quinbrook Infrastructure Partners has developed an eight-hour energy storage battery, doubling the storage capacity of its current products.

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Construction PRO
AEMO gives nod to ACEN’s pumped hydro project in NSW
Energy & Natural Resources 2025-03-05 11:23 pm By Christine Caulfield

Energy tender firm AEMO has awarded ACEN Australia a contract for its pumped hydro project in the latest competitive tender round as part of the NSW electricity infrastructure roadmap.

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Construction PRO
Melbourne developer snaps up Footscray site for $40M
Construction 2025-03-04 11:04 pm By Cindy Cameronne

R&F Property has sold a 2.99 hectare vacant site in central Melbourne to a local developer, with an approved development plan for over 1,200 dwellings. 

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Construction PRO
Boral buys sand quarries to power supply for Melbourne infrastructure projects
Construction 2025-03-04 11:35 pm By Andy Sidler

Boral has acquired an independent sand producer with two quarries in south-east Victoria, in a deal that will help the construction materials supplier continue to support Melbourne infrastructure projects. 

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Construction PRO
Oreana acquires Stockland’s Townsville community development
Construction 2025-03-03 5:00 pm By Andy Sidler

Property developer Oreana has added to its Queensland property portfolio, acquiring a 900-hectare masterplanned community from Stockland.

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Construction PRO
Zenith in $1.9B refinancing deal to support green energy projects
Energy & Natural Resources 2025-03-03 11:42 pm By Cat Fredenburgh

Zenith Energy has signed a $1.9 billion refinancing, in a deal that also provides the remote off-grid power generation company with $1 billion in growth capital to support new projects.

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Construction PRO
Veolia wins tender to build $850M Canberra recycling facility
Construction 2025-03-03 5:21 pm By Andy Sidler

French waste management company Veolia has signed onto a 20-year project to build and operate a recycling facility in Canberra that will process 1.3 million tonnes of household recycling.

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