RCS - Costain Group PLC - Costain awarded Anglian Water contract extension

CostainAnnouncement

04/06/2025 12:30

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RNS Number : 4348L  Costain Group PLC  04 June 2025

 

Costain Group PLC

4 June 2025

 

Costain and Alliance Partners Secure Extension to Anglian Water Strategic
Pipeline Scheme

 

 

Costain Group PLC ("Costain"), as part of the Strategic Pipeline Alliance
(SPA), today announces that the SPA has been chosen by Anglian Water to
deliver an additional 260 kilometres of major strategic pipeline in the East
of England over the next five years, to improve resilience to drought and
climate change by transferring water from wetter regions to drier parts of
their region.

 

Water resilience is a critical area of focus for the water industry, with
significant investment planned over the next 10 years. Costain has been
working with Anglian Water through AMP7 to deliver their critical resilience
programme and, as the industry transitions to AMP8, the SPA has been awarded
this extension to the existing contract. The extension builds on the existing
SPA interconnector work and will take the total length of the strategic
pipeline bringing resilience of supply to East Anglia to 580km.

 

Alex Vaughan, chief executive officer, commented: "Creating a sustainable
future for the UK is core to our business, with water resilience being a
critical national need. We are pleased to continue working with Anglian Water
and our SPA partners in delivering this essential new infrastructure.

 

This award builds on the strong positions we hold across the water industry
through AMP8 as part of the £5.4bn forward work position we reported as at
the end of 2024, and we expect to see further awards as we build on our strong
portfolio of work in supporting water companies to meet their regulatory
commitments."

 

Enquiries

 

 

 Investors and analysts      matt.jones@costain.com

 Matt Jones, Costain         +44 (0) 7860 922341
 Financial media - Headland  costain@headlandconsultancy.com (mailto: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.

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