Infrastrata Share Chat (INFA)

No way! Thats amazing lol. Great find and jigsaw peice. Suddenly getting very exciting here

oooooosh.... Nov 2017... CBRE Capital Advisors has been appointed to manage a £100m Northern Ireland fund that will provide debt finance for real estate, regeneration, low carbon and infrastructure projects and will be managed on behalf of the Department of Finance and the Northern Ireland Strategic Investment Board.... http://www.costar.co.uk/en/assets/news/2017/November/CBRE-Capital-Advisors-to-manage-100m-Northern-Ireland-RE-debt-fund/ That's a nice coincidence eh?

CBRE are a big cheese... specialising in non dilutive debt finance. " it is important that we will have access to major investment that will be necessary to complement the funds available under the UK Guarantee Scheme to ensure that we are able to move into the construction phase of the programme, as seamlessly as possible " ... and hope that CBRE "will secure this significant funding element." I doubt CBRE would be coming on board unless this significant funding was looking nailed on.... the UK Guarantee Scheme helps to a huge extent of course.... Could be a real game changer unfolding here. GLA

This is from their website - 80k employees, 13billion dollar turnover company CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Not too bad a company to help us get financing!

Over 5 today ? Onwards snd upwards

The importance of gas infrastructure in power systems with high wind power penetrations Author links JosephDevlin...AoifeFoley ................ Gas fired generation currently plays an integral support role ensuring security of supply in power systems with high wind power penetrations due to its technical and economic attributes. However, the increase in variable wind power has affected the gas generation output profile and is pushing the boundaries of the design and operating envelope of gas infrastructure. Key findings reveal the high vulnerability of the Irish power system to outages on the Irish gas system. It has been shown that the economic operation of the power system can be severely impacted by gas infrastructure outages, resulting in an average system marginal price of up to €167/MW h from €67/MW h in the base case. It has also been shown that gas infrastructure outages pose problems for the location of power system reserve provision, with a 150% increase in provision across a power system transmission bottleneck. Wind forecast error was shown to be a significant cause for concern, resulting in large swings in gas demand requiring key gas infrastructure to operate at close to 100% capacity. These findings are thought to increase in prominence as the installation of wind capacity increases towards 2020, placing further stress on both power and gas systems to maintain security of supply.

Hi Dawski - just seen coverage of BP's stats on global gas increase in Interfax global energy this evening similar to the Telegraph....it certainly seems that the global trend is set to continue for some time especially when you factor in the phasing out of coal not in just Europe and the UK but developing countries too.................................... EXPLORATION & PRODUCTION Gas production growth outpaces demand in 2017 – BP BP's latest statistical review shows strong growth in global gas consumption as the fuel helps to meet rising demand for energy By Andrew Walker 14 June 2018 ........................................................... Global gas consumption grew by 2.7% year on year in 2017, marking the fastest growth since 2010, according to the 2018 BP Statistical Review of World Energy, published on Wednesday. ................. https://drive.google.com/file/d/1xjwpHhM416WarCuhRGbzcD0tHaPA0OWs/view?usp=drivesdk

do have peep,folks, at the Business Section today .Mcadders' persistent views about continuing strong demand for Gas worldwide are confirmed by none other than good old B.P.....Demand is up 2% and growing due to increasing demand from developing nations .....it only confirms the need for this project as we play in a global market place every day and the daily cost of keeping us going and the homes heated in winter is immense !!

Green Gas Initiative Green Gas Initiative @Green_Gas_Ini · 1h Preliminary results from a #Frontier study on the regional value of #gassystem was revealed at GGI CEO meeting today. Results indicates that the gas system can support #securityofsupply with a great potential for storage and cost efficient transport of energy #greengas #EUgreen

Costain have agreed to do £1m worth of labour on the FEED. I am unclear whether this is being done free gratis with agreement they will get a large chunk of the final construction or if it's in the form of a loan. As I understand it.

Did I read in a previous post that a contractor (s) had stumped up cash in relation to progressing Islandmagee? If so, is there any evidence of this or is it pure speculation?

Brew - I agree and I believe there will be plenty of interest for Infa - as per recent RNS - "The Board intends to conduct a final appraisal of all the available funding solutions and commercial partners before finalising its decision on which option to proceed with." .................................... Certainly sounds as though there are several avenues open to them to take this forward allowing the bod to proceed with the option that is most favourable for the company. By the time some investor's start to realise project Infa is happening the SP will be many multiples of what it is now......not much time left to get in at these prices

Unique opportunity for a gas storage project in a unique location....................................................... Reasons for location of the Northern Irish storage project The proposed site is proximate to the sea and the presence of infrastructure in the form of the Ballylumford Power Station and the main gas network, which proves advantageous to the project. Seismic studies carried out in the area confirmed the presence of a thick Permian salt layer at a depth of 1,500m. The Permian-aged salt found in the Larne area contains low impurities and is ideally suited for development of the facility. Facilities included in the development The project includes the development of seven caverns with a total capacity of 500m m³ located 1,400m below the Larne Lough. Each cavern will have a capacity of 70m m³ and will be independently controlled through a sub-surface safety valve. The caverns will be prepared for storage by solution mining. The process involves pumping of sea water to dissolve the salt present in the caverns and extracting the brine solution back to the surface. Above ground facilities of the project include a gas plant, a leaching plant, a wellpad and a sea water intake plant. The gas facility will include a compression plant, dehydration plant and metering equipment. It will be located adjacent to Ballylumford Power Station providing easy access to the main gas network. The wellpad will be a 110x45m flat pad containing wellheads. The seven caverns will each include a wellhead in cellars below the ground level. The wellpad will be connected to the gas plant and leaching plant through subsurface pipelines.

Gas developing companies like Ineos and large institutions are constantly looking for avenue's for investment. Hence the reason Ineos bought the Forties pipeline from BP last year. Monies in the bank is no longer a good investment so they need to find projects to make their monies work for them. Deep and Costain will be working hand in hand with INFA to bring on board such companies and institutions. Goverment departments that are awarded sums of money for development have a duty to spend it wisely and spend it they must if their deparments are considered to be efficient. No easy task when dealing whith huge amounts of money. The NI goverment have recently been awarded a huge amount of funding for infrastructure development and aim to eventually make gas available to the whole of NI. The British goverment is willing to guarantee two thirds funding of the construction. The two main reasons for the SP being so low in my opinion is historically INFA have failed to deliver and investors aren't convinced INFA can find the investors to make construction a reality. INFA is now delivering and investors are starting to believe that funding for construction is on it's way. GLA. Fair winds

Salt cavern storage is appraised for both on and offshore Northern Ireland, with the Larne area showing the greatest potential. Hereabouts, salt of the same thicknesses and over the same depth ranges as those in which gas storage caverns are either planned or currently operational, onshore England is present in the form of the upper two (Larne and Carnduff) halite beds at least. Triassic - Salt caverns Salt beds are proven only in South Co. Antrim but they thicken and deepen towards Larne. Gross thickness >470m. Energy storage potential --- Medium - High ............... Permian - Salt caverns Proven only at depth in Larne area but forms single bed of pure salt >110m thick. Energy storage potential --- Medium - High

Drone footage shows a well maintained site with peripherals sprayed off and good to go. Small touches but a precursor to 'construction'. Seen these signs before and many, many times. All the pointers and clueses are there for all to see. Very exciting times to come with INFA.

I agree Mcadder Surely Costain and DEEP will have their eyes on the main prize!!

We have 2 big names on board who are by their own right's experts in this field. It most certainly is no coincidence that they were not only approached but that they also got involved with Infa....reason? One word.....CONSTRUCTION!

Research is being conducted on many fronts in the gas storage field to help identify new improved and more economical ways to store gas[11][12]. Research being conducted by the US Department of Energy is showing that salt formations can be chilled allowing for more gas to be stored.[2] This will reduce the size of the formation needed to be treated, and have salt extracted from it. This will lead to cheaper development costs for salt formation storage facility type.............an interesting option that could not only store more gas but make development costs cheaper?

Somehow I missed the fact that DEEP.KBB our sub surface partners are owned by Schlumberger https://deep-kbb.de/Company/History

Atkins, a member of SNC-Lavalin are delighted to be shortlisted for the Engineering Firm of the Year at the Irish Construction Industry Awards 2018. Well done to all the team for getting this far! The Irish Construction Industry Awards has established itself as the premier event in Ireland for benchmarking excellence in the construction industry in Ireland. The Irish Construction Industry Awards has recognised on a national scale some of Ireland’s leading construction projects and the teams behind them. The Irish Construction Industry Awards 2018 will take place on Thursday, June 14th at the Citywest Hotel, Dublin. The awards ceremony is attended annually by the top companies within Ireland’s construction industry.

I'm quite happy for this sp to stay where it is so that I can top up as and when funds allow

There is no downside in the forseeable future at the moment IMO. The fact that we have Costain, Deep.KBB and Evan Passaris all on board and pulling together with Graeme, Matt, Adrian and Karen, means there will be ongoing discussions with numerous lenders and developers across a broad and diverse range of companies expert in the field of gas storage development. This project will have without doubt moved onto a higher plateu with all parties signing non disclosure agreements and deeply aware of their responsibilities and reputations. It's also likely with SI Capital involved there could be additions to the BOD and directors buying when they are free to do so.. There's a general consesus that positive news flow is imminent and that the FEED is progressing very well. Infrastrata PLC is in a very good place at the moment. IMHO. Fair winds.

Utilitywise Insights @UTWinsights · 30m The #gas demand reduction from the Interconnector shutdown and high #wind generation has been cancelled out by very strong demand for injections from Medium Range #storage. Current injections of more than 40mcm is leaving the system short. ................................... Strong demand for injections because storage levels have been dangerously low again dropping below 4,000 Gwh the other day. Serious amount of injections required to get levels of Medium range storage back up to around 14,000 Gwh by the start of this winter.

All looking good here....the next imminent update could be big....I would imagine there is just too much interest from potential lenders and developers behind the scenes for this to now fail at such a crucial stage with the FEED well and truly underway. Plus the fact there is clearly a need for Infa to happen. You can't just remove 3bcm of available gas storage from the table and have nothing to put in the place of Rough's closure!