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.
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.
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
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
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.
-
Reeves warned against property tax shake-up – 3 ways it could backfire on first-time buyers
Rachel Reeves reportedly has her eye on high-end property taxes in the upcoming Budget, but there are concerns a shake-up could unintentionally hamper those trying to get on the housing ladder
-
Average Brits want to retire five years before they can – who has the widest retirement gap?
Brits are expecting to work for longer than ever but there are big disparities in the number of extra working years predicted. A small tweak could help close the gap