Sweett scores hat-trick of energy sector deals

Sweett Group, the international property and infrastructure consultancy, has secured three energy sector appointments in the UK.

The first contract is with Babcock International Group, under which it will provide quantity surveying and commercial services on the engineering firm's UK nuclear decommissioning projects, including major works at Sellafield and Berkeley as part of a three-year framework.

The second, a four-year agreement with Dounreay Site Restoration, will see the firm provide cost estimating services, predominantly from its offices in Edinburgh and Glasgow, on the decommissioning of the site which once housed the UK's centre of fast reactor research and development.

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Thirdly, the firm will deliver commercial support services as part of a two and a half-year framework for the construction of a proposed new nuclear power station at Hinkley Point C, one of eight locations in the UK identified by the government as being potentially suitable for a new nuclear power station.

Nigel Adcock, Sweett Group's Global Head of Energy, said: "The breadth of our expertise is reflected in the wide range of projects we are now involved in, including nuclear new-build, decommissioning and restoration, which would not be possible if it was not for our regional presence across the UK."

Dean Webster, Sweett Group's Chief Executive Officer, added: "Investing in growth sectors such as energy infrastructure is one of the key components of our strategy to diversify our UK business. Our UK order book has continued to develop positively since the start of the financial year, a clear sign that we are winning greater market share in an increasingly competitive market."

The share price rose 15.62% to 18.50p by 09:12.

NR