Infrastructure contractor Balfour Beatty announced its second contract win of a year that is less than a week old, with news of a five-year extension to its existing arrangement with National Grid.
In a deal worth up to £750m, Balfour Beatty will continue maintenance and upgrade work on the UK electricity transmission network.
Work involves the ongoing maintenance and refurbishment of overhead transmission lines, as well as designing and delivering National Grid's upgrade plans across the network.
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
Earlier this week, Balfour Beatty said it has been appointed as the preferred bidder for the £800m Essex Waste Partnership's Residual Waste Treatment contract.
jh
-
The new 4% rule – how much should retirees really draw from their pension in 2026?Brits retiring in 2026 could be withdrawing too much from their pension pots if they stick to an old rule about ‘safe’ limits – with the risk of running out of money in retirement
-
Leaving it too late to gift inheritances costs some of Britain’s wealthiest families £3m eachEven average Brits are being landed with huge and unexpected inheritance tax bills because of a little understood rule around gifting, new figures show
