2nd Feb 2015 07:33
LONDON (Alliance News) - Balfour Beatty PLC Monday said its joint venture with Skanska and MWH Treatment has signed a GBP800 million five-year contract with Thames Water, to help build and maintain the water company's pipe, pumping stations and water treatment plant network.
In a statement, Balfour said the initial deal is worth about GBP265 million to it, as it is a one-third partner in the joint venture.
The contract also contains an option to extend for a further five years.
By Steve McGrath; [email protected]; @stevemcgrath1
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