UK’s STEP fusion energy programme appoints Kier

Summary by AI BETAClose X

Kier Group plc, as part of the ILIOS consortium, has been appointed construction partner for the UK's STEP fusion energy programme, a strategic clean energy initiative. This appointment secures a multi-year revenue stream, with the initial three-year tranche valued at £200m, and forms part of a wider programme with potential future opportunities up to £10bn. The project aims to design and build a prototype fusion energy plant in Nottinghamshire, creating up to 8,000 onsite jobs at its peak. Kier's role encompasses the design and construction of all buildings, infrastructure, and facilities, strengthening the company's long-term revenue visibility in a key growth market.

Disclaimer*

Companies

Kier Group (KIE)
UK 100

Latest directors dealings