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RNS Number : 4217Q Costain Group PLC 27 January 2026
Costain Group PLC
27 January 2026
Costain awarded contract for new M5 gigafactory junction
Costain Group PLC ("Costain") today announces that it has been awarded a
contract to design and build a new junction on the M5 motorway, junction 22A.
Awarded through the Regional Delivery Partnership framework, the contract is
worth approximately £100m to Costain over a five-year period.
Junction 22A is a new motorway junction being constructed in Somerset to
provide access to the Gravity Smart Campus and £4bn gigafactory being
developed by Agratas, which will be Britain's biggest electric vehicle battery
manufacturing facility. Costain's role as the project's delivery integration
partner and main works contractor will see it manage the design and
construction of the new junction, providing a range of services, including
design, engineering, programme delivery and supply chain management.
Alex Vaughan, Chief Executive Officer of Costain, commented: "This award is
built on our long-established highways delivery expertise and trusted partner
relationship with National Highways. We will work closely with our supply
chain partners to design and deliver this new junction that will provide
access to the new gigafactory and help to drive economic growth in this region
of the UK.
"This investment, supporting the UK's growth ambitions, is another example of
Costain's commitment to deliver critical national infrastructure programmes
that improve people's lives."
Enquiries
Investors and analysts matt.jones@costain.com
Matt Jones, Costain +44 (0) 7860 922341
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 improves people's lives by creating connected, sustainable
infrastructure that enables people and the planet to thrive. Through the
delivery of predictable, best-in-class solutions across the transport, water,
energy and defence markets, we are creating a sustainable future and securing
a more prosperous, resilient and decarbonised UK.
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