Balfour Beatty awarded £325m SSEN contract

Summary by AI BETAClose X

Balfour Beatty has secured a significant two-year contract valued at £325 million from Scottish and Southern Electricity Networks (SSEN) for the Netherton Hub project in Aberdeenshire, Scotland. This contract, awarded through SSEN's Accelerated Strategic Transmission Investment Offshore Framework, involves Balfour Beatty delivering essential earthworks and civil infrastructure, including platforms for substations and converter stations, as well as an operations base. The Netherton Hub is crucial for strengthening the UK's national grid and facilitating the transmission of renewable energy from northern Scotland. The project is expected to employ over 800 people at its peak, with a commitment to apprentices and graduates.

Disclaimer*

UK 100

Latest directors dealings