Construction news

• Start date for vast Balfour and Costain carbon capture power job

  10-12-2024 16:03
  
  Client NZT Power has reached financial close on the world’s first gas-fired power station with carbon capture and storage.
  Construction is now set to start from mid-2025 on Teesside with Balfour Beatty and Costain set to play leading roles.
  NZT Power will progress in parallel with the Northern Endurance Partnership (NEP) which also announced financial close of the CO2 transportation and storage infrastructure to serve three initial carbon capture projects.Building work on the two projects
  
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• Vinci Building buys tower cranes for first time

  10-12-2024 08:30
  
  VINCI Building has bought its own tower cranes for the first time at the  Sheffield Forgemasters’ Brightside Lane site.
  The contractor usually hires its cranes but has decided to invest in the all-electric technology from WOLFFKRAN of Germany.
  The two WOLFF 355 Bs are the first wholly owned by VINCI Building and cost around £2.5m on the £138m project at Sheffield Forgemasters to build a 13,800 sq m building to house the UK’s largest open-die forging facility for the
  
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• Plan unveiled for 31-storey London Fenchurch Street tower

  10-12-2024 08:28
  
  Insurance giant Aviva has unveiled plans to redevelop 130 Fenchurch Street in London’s Square Mile with a 31-storey tower.Development manager CO-RE is working with architect Wilkinson Eyre on the project which goes out to public consultation today, ahead of a application being submitted to the City of London Corporation next year.
  The building will provide around 430,000 sq ft of offices.
  If approved, demolition of the site’s current 16-storey 1950s building, Fountain House, will get
  
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• 30 local firms land United Utilities £500m framework

  10-12-2024 08:23
  
  United Utilities has confirmed 30 local construction firms based, or with operations in, the North West as winners of the region’s largest planned investment in water and wastewater infrastructure for more than a century.
  The water company has chosen 20 local, civils-based firms and 10 mechanical and electrical specialists to work on its £500m+ minor works framework.
  Partners will work on smaller, county-based schemes – including building solutions in support of the company&rsq
  
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• Restructure pays off as Higgins returns to profit

  10-12-2024 08:18
  
  Higgins Group is back in the black after a restructure.
  Latest results for the year to July 31 2024 show a post-tax profit of £320,000 following a £25.9m loss last time as turnover ticked-up to £208m from £171.9m.
  Declan Higgins, Chief Executive Officer said: “Despite a difficult market, the Group has demonstrated resilience and continues to evolve, responding positively to change, resulting in growth and a return to profitability.“We are also pleased to repor
  
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