SP Energy Networks awards contracts worth £1.4bnSP Energy Networks has awarded contracts worth £1.4bn to deliver critical onshore transmission projects across central and southern Scotland.
The awards are the first round of a wider £5.4bn investment programme over the next decade to upgrade the national electricity grid.
The contracts cover a wide range of critical infrastructure,…
Balfour Beatty lands £833m carbon capture power plant jobBalfour Beatty has sealed an £833m deal to build the world’s first gas-fired power station with carbon capture and storage at the Net Zero Teesside project.
The firm will deliver major onshore works for the plant as construction partner to Technip Energies, working alongside GE Vernova and Shell Catalysts & Technologies.
The landmark…
Svella agrees deal to save Cubby ConstructionInvestment group Svella has agreed a deal to buy Cubby Construction saving it from possible administration.
Svella, run by former Stobart director Andrew Tinkler, confirmed it aimed to complete the deal next week protecting 214 jobs and the supply chain of the Carlisle-based contractor.
Family-owned £24m turnover Cubby ran into problems working on…
J Coffey holds line on margins despite £52m revenue slideFamily-run contractor J Coffey Group has delivered a £5.5m pre-tax profit in 2024, down 14% on last year, as the firm adjusted to the end of a major overseas contract.
Revenue for the year to 30 September fell to £164m from £216m previously.
But directors said the group remained resilient, underpinned by stable margins, repeat business…
Consultants called up for £2.3bn NHS SBS panel rebootNHS Shared Business Services has kicked off early market talks on a new £2.3bn public sector construction consultancy framework due to launch in 2027.
The revamp marks the fourth generation of the long-running framework and will cover 11 professional service lots, ranging from architects and project managers to sustainability and net zero…
Hochtief launches new UK data centre divisionHochtief has launched a new UK data centre division.
Hochtief Data Center Partner Limited will transfer its successful German business model to the UK and Irish markets.
The division will be led by Warren Taylor with an aim “to build a robust network of high-performance, sustainable, and regionally integrated data centers across the Britis…
BESA audit blitz sees 14 specialist contractors suspendedThe Building Engineering Services Association has suspended 14 member specialist contractors after they failed to meet its core competence audit standards.
BESA said the firms had flunked its independent Competence Assessment Standard – which checks firms on business practices, finances, insurance, health and safety, and technica…
JV North unveils winners of £500m housing blitzJV North has named the firms that will help deliver its £500m house building push across the North West, with seven contractors selected for the top £12m+ project lot.
The social housing consortium’s latest four-year framework aims to build around 3,000 homes, with call-offs due to start in August.
Top-tier firms picked for the highest value lot…
Partnerships builder Keepmoat names new chief executivePartnerships house builder Keepmoat has promoted divisional chairman Ian Hoad to chief executive as Tim Beale steps down after eight years at the top.
Beale said: “After careful consideration, I have taken the decision that the time is right for me to step down as CEO.
“I am delighted that the board has appointed Ian Hoad, Divisiona…
Ballymore to transform former Crossrail construction siteTfL’s property company Places for London has selected Ballymore as joint venture partner for its development at Limmo Peninsula in east London.
The land near Canning Town Tube station was previously used for construction of the Elizabeth line – providing the space for the tunnelling machines to be lowered to dig the tunnels.
Places for…