26 July 2024
26 July 2024
The approximately $26m, five-year contract extension expands Parsons' responsibility in delivering the scheme.
The most recent financial records reveal hyperTunnel was £9.6m in debt as of 30 April 2023.
The technique is reportedly used in other major construction projects around the world.
The data centre’s commercial launch is forecast to take place in 2026.
Morgan Stanley was placed at the forefront in terms of value while UBS led by deal volume.
Paul, Weiss, Rifkind, Wharton & Garrison secured the top spot in terms of deal value during H1.
Once operational, the new facility is set to annually produce roughly 2.6 million gallons of RNG.
The plan is designed to meet the growing demand for grow-on laboratory space in the Headington Science Cluster.
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