Keltbray sells infrastructure services business
Keltbray has completed the sale of its Infrastructure Services Limited (KISL) business to private equity firm EMK Capital.
Keltbray has completed the sale of its Infrastructure Services Limited (KISL) business to private equity firm EMK Capital.
Contractor also sees 120 per cent increase in order book value, to £1.1 billion.
Keltbray has been awarded two long-term positions on Network Rail’s Control Period 7 (CP7) Eastern Routes Partnership Framework.
Vip Gandhi was formerly the managing director of highway and renewables. He also held senior posts at Jacobs for 20 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.
Simon Walkley has been appointed to Keltbray’s Infrastructure Services division as its new managing director – rail.
“A more sustainable, circular economy-led approach” – Keltbray
Keltbray will deliver earthworks in support of a major project at Sellafield former nuclear site in Cumbria.
Keltbray has recorded a strong financial and operational performance in its 2022 Annual Report.
The firm will deliver Overhead Line (OHL) infrastructure for Distribution Network Operator (DNO), Northern Powergrid (NPg).