The Strabag hopes for one Water project in Great Britain. In a consortium with the British company Equitix United Utilities (UU) initially referred to it as “as preferred bidder” selected to modernize a 110 kilometer long water pipe system in the north west of England.
The estimated construction costs amount to 2.5 to 2.9 billion pounds (currently 3.01 billion to 3.49 billion euros), according to a press release from the domestic, listed company.
Strabag, or more precisely its subsidiary Strabag UK Limited, hopes to actually receive the order together with UU in the first half of the year. The major project is supposed to… Drinking water supply in Cumbria, Lancashire and Greater Manchester in the north west of England secure for future generations.
Large parts of the British infrastructure are considered dilapidated, and the new government is trying to “repair” a lot of things. The local construction company could benefit from this.
Line from the 1950s
Strabag and UU are to carry out the so-called Haweswater Aqueduct Resilience Program (HARP). This is a Concession project. The Haweswater Aqueduct is a 110 kilometer long pipeline that runs from the Lake District through Lancashire to the Greater Manchester leads. The line, originally built in the 1950s, needs to be fundamentally modernized, with the existing ones Tunnel sections replaced to ensure long-term supply for consumers, emerged from the Strabag broadcast. UU provides wastewater services in the area.
According to Haselsteiner, Strabag is growing steadily in the UK
Strabag Chef Klemens Haselsteiner spoke of some already achieved “Milestones” the British subsidiary in recent years coupled with “steady growth”. Achieving the new order would be “an important step in our expansion plans” with the subsidiary.
The contract includes the planning and construction as well as the financing and maintenance of six tunnel sections of the pipeline. The construction phase is scheduled to last eight years, followed by a further 25 years of maintenance. Strabag UK Limited will be responsible for the overall design and construction of the project, while financing will be provided by Equitix and the Strabag Group.
In Friday’s broadcast, Haselsteiner also highlighted his group’s activities “worldwide” after Russia’s war against Ukraine, accompanying sanctions and there are topics for the company around the shares of the Russian oligarch Oleg Deripaska. In any case, Strabag recently bought a local company in Australia that was primarily active in road construction – or is waiting for the final approvals for this.