RCS - Costain Group PLC - Costain JV awarded Southern Water programme

CostainAnnouncement

26/06/2024 07:00

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RNS Number : 8358T  Costain Group PLC  26 June 2024

 

 

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
(mailto:costain@headlandconsultancy.com)

Andy
Rivett-Carnac
+44 (0) 7968 997 365

Charlie Twigg
                                       +44 (0) 7946 494
568 (tel:+44%20(0)79%204649%204568)

 

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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