An April 3 bid by Canada-based global design giant SNC-Lavalin to buy U.K. engineer Atkins, valued at $2.6 billion, has been confirmed by both firms’ boards and further indicates a resurgence in industry sector consolidation, observers say.
The over-ambitious Cape Wind offshore farm in Massachusetts hit a wall after 15 years, but developers now see new ways to boost water-based wind in the U.S. power mix.