Costain has secured a multi-year contract to upgrade a facility belonging to a major producer of fuel for nuclear power stations all over the world.
Nuclear fuel consortium Urenco has appointed Costain as its delivery partner to deliver new infrastructure at its uranium enrichment site in Capenhurst in Cheshire.
The Urenco Group is a British-German-Dutch business operating several uranium enrichment plants in Germany, the Netherlands, US, and UK.
Its Capenhurst site is one such facility, essentially producing fuel for nuclear power plants to generate low-carbon electricity.
Capenhurst is currently undergoing a series of complex works including building Europe’s first High Assay Low Enriched Uranium (HALEU) advanced fuels facility.
As delivery partner, Costain will manage an integrated programme of infrastructure investment activities, including developing the design, procurement, construction and commissioning of works and upgrades at Capenhurst.
The framework is expected to see contracts awarded to Costain over a minimum of three years, with support from local supply chain partners.
“We’re bringing decades of experience in predictable, best-in-class delivery to help safeguard the UK’s energy security and support the transition to more sustainable energy generation,” said Sam White, managing director, natural resources at Costain.
“Costain has a strong presence in the North West and this award reinforces our commitment to improving the lives of local communities through the provision of new jobs, developing skills and driving prosperity.”
Earlier this month Costain Group reported a strong financial performance including record order book growth.
At the year end, the group declared a record £1.5 billion increase in its forward order book value to £5.4 billion, with contract wins across all sectors but particularly significant growth in Water and Rail.
Costain has already secured around 80 per cent of its forecast revenue for FY2025, with bidding activity remaining high, complementing growth on existing frameworks.
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