After dismissing the case, the judge said he didn't want to rule on whether the insurers might have a liability claim against Zachry Group, McDermott and Chiyoda under other provisions of the contract.
The Los Angeles region is advancing efforts to decarbonize its power supply, including plans to startup early next year of one of the nation's
first utility-scale power plants fueled by 30% hydrogen.
Agencies seek construction sector support for project contracting and workforce execution, with billions in investment seen to expand options for drought-plagued water systems and other overburdened infrastructure.
Officials in Kenya have already canceled major contracts with Gautam Adani's companies, with funding for projects in other markets also facing potential impact.
U.S. energy developers await how soon President-elect Donald Trump will end the U.S. Energy Dept. pause on approvals of liquefied natural gas export terminals
Engineer-contractor giant cited project impacts and less-than-expected energy business earnings, but market watchers see key areas of growth next year.
The 30-year contract will enable new transmission infrastructure in a country that expects a peak load power demand spike of 21,075 MW by 2033 from 1,606 MW reported in 2013, with the first major project set near Nairobi.
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