By Daily Crux Editor Brian Hunt:
One of the sure bets on the "infrastructure story" is countries all over the world will spend billions on electrical transmission... on things like power lines, transformers, and substations (the "switching yards" of the grid).
This article details China's enormous investments along this idea. Boosted by the government's $585 billion stimulus plan, investment in electrical infrastructure is expected to rise 21% from a year ago. This is all great news for blue-chip infrastructure firms like Switzerland's ABB Ltd...
Read full article...
More on electrical infrastructure:
Why T. Boone Pickens' wind plan was a disaster
Why a stupendous amount of money will flow towards transmission line building