Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, October 21
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Utilities»Strabag wins £3bn contract to overhaul aqueduct for United Utilities
    Utilities

    Strabag wins £3bn contract to overhaul aqueduct for United Utilities

    September 2, 20252 Mins Read


    Strabag has secured a contract worth around £3bn to upgrade a critical water pipeline in North West England.

    The Austrian contractor’s UK arm will design and deliver the Haweswater Aqueduct Resilience Programme (HARP) for United Utilities, replacing six tunnel sections of the 110km aqueduct that carries drinking water from the Lake District into Greater Manchester.

    Strabag is leading the construction element of the scheme through Cascade Infrastructure Limited, a project company formed with London-based investor Equitix and infrastructure fund GLIL Infrastructure.

    The consortium was named preferred bidder in January, when the project cost was estimated at £2.9bn, up from £1.75bn when first tendered in 2022.

    The contract covers financing, design, construction and a 25-year maintenance term. United Utilities said the eight to nine-year construction phase will be the UK’s first major project delivered through the Direct Procurement for Customers (DPC) model.

    Strabag has been expanding its UK presence in line with its Strategy 2030, with water infrastructure and long-term concession models forming a growing part of its portfolio.

    Its equity commitments across PPP, DPC and concession projects now exceed €600m, spanning more than 40 schemes worth over €13bn.

    United Utilities chief executive Louise Beardmore said the project would secure resilient water supplies for 2.5m people across Cumbria, Lancashire and Greater Manchester for decades to come.

    Source: Strabag announcement



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleDown 40% This Year Is Marvell Stock An AI Bargain?
    Next Article China Evergrande liquidators apply for receivers to identify founder’s assets

    Related Posts

    Utilities

    State Street Utilities SPDR (XLU) Sells NextEra and Southern on Oct. 16

    October 20, 2026
    Utilities

    Accenture, Dragos and SANS Institute Launch Foundation to Strengthen Cyber Defenses for Under-Resourced U.S. Utilities

    October 20, 2026
    Utilities

    Connecticut Probes How Utilities Use AI, Safeguard It

    October 19, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    James Wynn devient haussier sur le bitcoin, ferme $ btc court pour ouvrir une position longue

    June 30, 2025
    Investing

    Why the Gold Rally Isn’t Over Yet

    February 26, 2026
    Commodities

    Crypto exchange Bybit adds U.S. stocks and commodities to trading portfolio to attract investors 

    May 4, 2025
    What's Hot

    9 tips for buying a new build property in 2025

    November 14, 2025

    Bitwise Takes Over ETC Group – Home To Europe’s Largest Bitcoin Fund

    August 20, 2024

    Bitcoin Has Entered a Bear Market, Say Analysts—Here’s Why

    December 20, 2025
    Most Popular

    Le dollar baisse, le Bitcoin monte, c’est la potion magique de Donald Trump

    April 21, 2025

    Florida insurance execs’ pay of $50M raises worry about firms failing

    June 27, 2025

    Green is the new gold: Unlocking Indonesia’s prosperity through climate finance – Academia

    July 20, 2024
    Editor's Picks

    Dow, S&P 500, Nasdaq close mixed to cap a volatile week as Fed cut in doubt

    November 14, 2025

    All-day stock trading is risky inevitability  

    July 21, 2026

    Bitcoin tests $80,000 as war risks, ETF inflows reshape outlook 

    April 26, 2026
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.