Morgan Sindall Group PLC Morgan Sindall in JV for Thames Tideway Tunnel (8411W)
August 24 2015 - 2:18AM
UK Regulatory
TIDMMGNS
RNS Number : 8411W
Morgan Sindall Group PLC
24 August 2015
24 August 2015
Morgan Sindall Group plc
Morgan Sindall Group plc appointed to deliver west section of
Thames Tideway Tunnel
Morgan Sindall Group plc, the construction and regeneration
group, today announces that its construction and infrastructure
division, Morgan Sindall plc, has been appointed to deliver the
western section of the Thames Tideway Tunnel, or 'super-sewer', in
joint venture with BAM Nuttall Limited and Balfour Beatty Group
Limited. The project is valued at GBP416 million to the joint
venture.
The GBP4.2 billion Thames Tideway Tunnel is currently the
largest infrastructure project to be undertaken by the UK water
industry and will tackle sewage pollution in the tidal River
Thames. The project builds on the successful delivery of the
pioneering Lee Tunnel, due for completion later this year, which
Morgan Sindall plc is currently constructing in joint venture.
The Thames Tideway Tunnel project aims to greatly reduce the 39
million tonnes of untreated sewage that currently flows into the
tidal River Thames in a typical year and will upgrade London's
sewerage system to cope with the demands of the city well into the
next century. The seven-year project is due to commence in
2016.
John Morgan, Chief Executive, Morgan Sindall Group plc said:
"Morgan Sindall plc has a very strong track record in complex
infrastructure projects of this magnitude and we will be bringing
this experience to bear as we deliver vital improvements to
London's infrastructure. We are delighted to be working with
Bazalgette Tunnel Limited and our joint venture partners to create
a cleaner and healthier River Thames for generations to come."
- ends -
Editor's notes:
About Morgan Sindall Group plc
Morgan Sindall Group plc is a leading UK construction and
regeneration group with revenue of over GBP2 billion and which
operates through five divisions of construction and infrastructure,
fit out, affordable housing, urban regeneration and
investments.
Contact:
Morgan Sindall Group plc 020 7307 9200
John Morgan, Chief Executive
Steve Crummett, Finance Director
Brunswick 0207 404 5959
Jonathan Glass
Alison Kay
This information is provided by RNS
The company news service from the London Stock Exchange
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