Costain Group
PLC
26 June
2024
Costain
and MWH Treatment joint venture CMDP awarded £65m programme by
Southern Water
Infrastructure upgrades will provide long-term resilience of
water supply
Costain Group PLC ("Costain")
announces that its CMDP joint venture with MWH Treatment has been
awarded contracts worth £65m by Southern Water as part of the water
company's AMP7 investment programme.
The work will run until late 2025 and will see
the joint venture improve the resilience of the local water supply
and upgrade wastewater treatment works at Testwood near
Southampton, and Burham in Kent.
The integrated CMDP team will work closely with
Southern Water and its engineers to develop cost-efficient
solutions, optimise asset performance and deliver the
implementation through to the end of AMP7. Both sites
will see major renovation, refurbishment and expansion of existing
assets to cope with rising demand for drinking water and increasing
volumes of wastewater.
This contract extension adds to Costain's
growing positions with leading water companies, which include
Anglian Water, Northumbrian Water Group, Severn Trent Water, Thames
Water, United Utilities and Yorkshire Water.
Alex Vaughan,
CEO, Costain, said:
"We are pleased to extend our relationship with
Southern Water and to bring our strategic expertise to critical
upgrades of its infrastructure. We will ensure Southern Water
continues providing clean drinking water to its customers while
improving its resilience for the future. This is important work
that will have a transformative impact on the lives of residents
and local communities, and builds on Costain's growing
positions with the leading water companies as they continue to
improve the quality of our water
supply."
Enquiries:
Investors and
analysts
paul.sharma@costain.com
Paul Sharma,
Costain
+44 (0) 7867 501188
Financial
media - Headland
costain@headlandconsultancy.com
Andy
Rivett-Carnac
+44 (0) 7968 997 365
Charlie Twigg
+44 (0) 7946 494 568
Notes to
editors
Costain helps to improve people's lives by
creating connected, sustainable infrastructure that enables people
and the planet to thrive. We shape, create and deliver pioneering
solutions that transform the performance of the infrastructure
ecosystem across the UK's transport, energy, water, and defence
markets.
We are organised around our customers
anticipating and solving their challenges and helping to improve
performance. By bringing together our unique mix of construction,
consulting and digital experts we engineer and deliver sustainable,
efficient and practical solutions.