Atkins JV awarded Thames Water contract

Atkins, a design, engineering and project management consultancy, has announced that its joint venture (JV) with Veolia Water and Costain has been selected as a capital delivery partner for Thames Water.

Atkins, a design, engineering and project management consultancy, has announced that its joint venture (JV) with Veolia Water and Costain has been selected as a capital delivery partner for Thames Water.

The group is expected to deliver a "significant proportion" of the £3.0bn AMP6 investment programme.

Article continues below

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

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

Sign up

Prof Dr Uwe Krueger, Atkins's Chief Executive Officer, said: "This important addition to our strong portfolio of clients is further evidence of the strength of the UK water market and will help smooth the transition between the cyclical funding periods so that key skills and capabilities are retained within the sector.

"By combining a deep knowledge of the water industry with world-leading expertise in infrastructure design and programme management, Atkins and our joint venture and alliance partners will help Thames Water achieve the good value, innovative, sustainable and effective solutions it demands for its millions of customers."

NR

MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.