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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.
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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.
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Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
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.
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Average UK house price reaches £300,000 for first time, Halifax saysWhile the average house price has topped £300k, regional disparities still remain, Halifax finds.
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Barings Emerging Europe trust bounces back from Russia woesBarings Emerging Europe trust has added the Middle East and Africa to its mandate, delivering a strong recovery, says Max King
