Balfour Beatty wins £414m gas networks contract

A joint venture including infrastructure firm Balfour Beatty has been awarded a nine-year gas networks contract worth £414m.

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.

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"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