- Costain Group
- 20 March 2025 10:12:32
Source: Sharecast
The London-listed firm said the contract, expected to span at least three years, would see it lead and execute a series of upgrades to support Urenco’s operations.
It said the Capenhurst facility plays a key role in uranium enrichment for civil nuclear power, supplying fuel for low-carbon electricity generation in the UK and internationally.
The partnership with Costain was part of Urenco’s broader investment in modernising its infrastructure to enhance operational efficiency and support long-term growth.
Costain said it would oversee the integration and delivery of various infrastructure improvements, with contracts to be awarded under the framework over the programme’s duration.
“Costain has a long and successful track record in delivering critical national infrastructure that creates a sustainable future,” said chief executive officer Alex Vaughan.
“This new role is an example of our strategic focus on growth in strong markets and building a resilient customer mix.
“We will draw on our expertise to ensure predictable, best-in-class delivery for Urenco, as we create a more prosperous, resilient and decarbonised UK.”
At 0935 GMT, shares in Costain Group were up 0.47% at 106.5p.
Reporting by Josh White for Sharecast.com.