Search Results for: Thames Tideway

Tideway ‘super sewer’ investor, Dalmore Capital agrees to its acquisition and £500 million funding by Royal London to grow UK infrastructure.

Started in 2016, construction had been aimed for completion by this year but was rescheduled owing to delays brought about by the pandemic.

Tideway CEO Andy Mitchell said its delivery was “the moment we’ve all been waiting for”.

The major works project had, in 2014, initially been costed at around £3.5 billion.

The new opportunity represents a contract with a total value of £70 million.

The London-headquartered infrastructure engineering contractor sees pre-tax profits soar by nearly a third in its latest FY2024 results.

A tender launched this week, asks for specialists to deliver vital drought resilience on the Teddington Direct River Abstraction project.

Ferrovial’s UK construction arm has been appointed to deliver a contract in the region of £230 million tunnelling project for National Grid.

New business director Louise Colley, who has been instrumental in securing some of the group’s biggest contracts, expands her responsibilities.