A joint venture including infrastructure firm Balfour Beatty has been awarded a nine-year gas networks contract worth £414m.
Bord Gais Networks has assigned the joint venture (Balfour and CLG Developments) to install and maintain gas transmission and distribution networks across Ireland.
The firm says that this contract represents a "significant development" for its international utilities business.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"We are delighted to make this commitment to the Irish market and to continue to build upon our strategy to develop our international capability in the power sector," said Chief Executive Ian Tyler.
Work will start in the New Year.
BC
-
‘I installed a heat pump in my home – here are five things I’ve learnt’From the size and noise of a heat pump to how much it costs to run one, Ruth Emery reveals what she’s learnt after installing one in her home six months ago
-
3 ways to work out if a stock is good valueThe only thing you can really control in investing is the price you pay for an asset – but how can you tell if you’re getting a good deal when it comes to the price of a stock?
