Abu Dhabi National Oil Company (ADNOC) has signed a major structured financing agreement worth up to $11 billion for the Hail and Ghasha gas development. Partnering with Eni and PTTEP, the transaction focuses on monetising future midstream production from the offshore site. The project is notable for being a world-first offshore gas development aiming for net-zero operations.
Measurabl has announced a major leadership transition with the appointment of Maureen Waters as Chief Executive Officer. Waters, who previously served as President, takes over from Co-founder Matt Ellis as the company seeks to accelerate its growth within the real estate data sector. During her time as Chief Growth Officer, Waters oversaw significant operational improvements and the launch of a free sustainability solution used across 47 countries.
Hilton is set to expand its luxury footprint in the Caribbean with the 2028 opening of AMARIS Grace Bay in Turks and Caicos. The project will operate under the LXR Hotels & Resorts brand and feature 170 guest rooms alongside high-end branded residences. This development is part of a broader push by Hilton to double its luxury presence in the region through its top-tier brands.
A multi-million dollar funding package has been approved for three transformative housing developments in Northern California. MidPen Housing and its partners will deliver 362 affordable units in San José, Alameda, and Watsonville. Each project is tied to major transit upgrades, including new bike lanes and electric ferry charging. This investment aims to reduce carbon emissions while providing homes near essential transport hubs.
Repsol has agreed to sell a 43.8 per cent stake in its 629 MW Outpost solar project in Texas to infrastructure investment firm Stonepeak for $252.5 million (€220 million). The transaction implies a total asset valuation of approximately $775 million (€675 million), which includes tax equity proceeds from Production Tax Credits. This deal represents Repsol's second use of an asset rotation strategy in the US renewables market to optimise its financial structure and attract strategic partners.
Saudi Arabia Railways (SAR) and Dedicated Housing Company (DHC) have announced a new partnership to develop a hospitality-inspired residential community in Riyadh's Al Malaz district. The development will consist of over 450 serviced residential units and 1,600 beds across two plots totalling 13,000 square metres. The project is an example of Transit-Oriented Development (TOD), aimed at linking high-quality living with key transportation infrastructure to create more connected and sustainable urban areas.
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