Keltbray has reported an order book value of more than £1 billion – representing a four-fold growth in the last four years.
It is in part due to the business winning two major energy contracts, helping it to secure a pipeline of work worth more than twice the value of its annual turnover.
Scottish and Southern Electricity Networks (SSEN) has signed deals worth more than £1 billion with Keltbray Energy, OCU and Clancy Group for upgrades to electricity infrastructure in central southern England through to March 2028.
The three contractors have been appointed as SSEN’s delivery partners for a range of network upgrades across Berkshire and West London, Wiltshire, Oxfordshire, Hampshire and the Isle of Wight.
Also, developer Sheaf Energy Limited, on behalf of Pacific Green, has awarded Keltbray Built Environment Limited a Balance of Plant (BoP) and 10-year operation and maintenance contract, as part of the redevelopment of the former Richborough Power Station site near Sandwich in Kent.
Keltbray is due to commence construction on site in early 2024, following early works preparation currently being delivered.
Once operational, Sheaf Energy Park will be a 249 MW/373.5 MWh Battery Energy Storage System (BESS) – one of the largest of its kind in the UK.
“We are delighted to be working with such progressive clients in SSEN and Pacific Green to support the transformation of the existing UK power generation and distribution assets into future-proofed renewable energy facilities, as part of the UK’s transition to a cleaner, more secure energy future,” said Keltbray CEO Darren James.
“These awards highlight the Group’s growing strengths and reputation in designing and delivering complex energy infrastructure transition schemes across the UK and are significantly strengthening our secured order book of long term, high-quality work.”
Pacific Green chief executive, Scott Poulter, added: “Pacific Green is delighted to entrust Keltbray with these complex works on one of the UK’s largest energy storage developments. These works signal the start of another Pacific Green energy storage project in the United Kingdom. We look forward to building our relationship with Keltbray over the next ten years as part of their strategic focus in the renewable sector.”
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