News Release
BALFOUR BEATTY AWARDED £363
MILLION BRAMFORD TO TWINSTEAD ELECTRICITY NETWORK REINFORCEMENT
SCHEME
Balfour Beatty, the international
infrastructure group, today announces that it has been awarded a
£363 million contract by National Grid to deliver the Bramford to
Twinstead Reinforcement project.
The contract has been awarded
through National Grid's RIIO-2 framework. On completion, the
project will reinforce the electricity network in East Anglia and
ensure that it can continue to reliably and securely transport the
cleaner, greener electricity required for the UK's transition to
Net Zero.
Balfour Beatty will be responsible
for the replacement of the existing high voltage electricity
network between Bramford Substation in Suffolk and Twinstead Tee in
Essex, with a new 400 kilovolt overhead line spanning 18
kilometers. In addition, the company will also deliver 11
kilometres of underground cable through the Dedham Vale Area of
Outstanding Natural Beauty and Stour Valley.
The company will work closely with
ecologists and conservationists throughout to mitigate any
disruption to local wildlife and has committed to delivering a 10%
biodiversity net gain over the project lifecycle.
Leo Quinn, Balfour Beatty Group
Chief Executive, said:
"This award demonstrates the
momentum we are capturing in the energy security and transition
market. As the largest power transmission provider in the UK, we
have a long and proud history of working with National Grid. This
latest award will once again enable our expert teams to deploy
their proven capability to successfully deliver overhead lines and
underground cabling works in complex and challenging
landscapes."
Main construction is expected to
commence in the first half of 2025 with completion expected in
2028. At peak construction, Balfour Beatty will employ over 200
people including 10 apprenticeship and graduate positions as
part of the company's commitment to The 5% Club.
ENDS
Analyst/investor enquiries:
Jim Ryan
Tel. +44 (0)785 836
8527
jim.ryan@balfourbeatty.com
Media
enquiries:
Antonia Walton
+44 (0)203 810 2345
antonia.walton@balfourbeatty.com
Notes to editors:
·
Balfour Beatty
is a leading international infrastructure group
with over 26,000 employees driving the delivery of powerful new
solutions, shaping thinking, creating skylines and inspiring a new
generation of talent to be the change-makers of
tomorrow.
·
We finance, develop, build, maintain and operate
the increasingly complex and critical infrastructure that supports
national economies and deliver projects at the heart of local
communities.
·
Over the last 114 years we have created iconic
buildings and infrastructure all over the world. Currently, we are
working to deliver Hinkley Point C, the first UK nuclear power
station in a generation; constructing the world-class arts and
cultural facility, the Lyric Theatre, in Hong Kong; and designing,
building, financing, operating and maintaining the Automated People
Mover superstructure at the fifth busiest airport in the world, Los
Angeles International Airport.
About The 5% Club:
·
The 5% Club is a dynamic movement of employers
committed to earn & learn as part of building and developing
the workforce they need as part of a socially mobile, prosperous
and cohesive nation. The Club exists to help its members and all
employers increase further the number, quality and range of earn
& learn opportunities across the UK.
·
By joining The 5% Club, members aspire to reach 5%
of their workforce in 'earn and learn' positions, including
apprenticeships, sponsored student schemes and graduate training,
within five years of joining.
·
The 5% Club is a charity and is free for
businesses of all sizes and sectors to join.