Morgan Sindall led JV appoint

RNS Number : 9076F

Morgan Sindall PLC

21 January 2010

 



Morgan Sindall plc

21 January 2010

Morgan Sindall led JV appointed for £400 million
Thames Water tunnelling project

Following the announcement on 21 December 2009 of its preferred bidder status, Morgan Sindall today announces that contracts have been signed and the MVB joint venture, comprising its infrastructure services business Morgan Est, VINCI Construction Grands Projets and Bachy Soletanche, has been appointed to deliver the Lee Tunnel for Thames Water. The project is worth over £400 million.

Morgan Est has a 50 per cent interest in the JV, VINCI Construction Grands Projets has 30 per cent and Bachy Soletanche 20 per cent.

The project involves the construction of a seven metre internal diameter storage transfer tunnel, which is approximately 6,900 metres long, from Abbey Mills Pumping Station to Beckton Sewage Treatment Works. Works include the construction of two, 25 metre internal diameter shafts and one 20 metre shaft (two at Beckton and one at Abbey Mills) and a 38 metre diameter off-line Tideway Pumping Station Shaft. 

Work will start in April 2010 on the five-year project, which will help Britain comply with the Urban Waste Water Treatment Directive set by the European Union. 

Paul Smith, Chief Executive of Morgan Sindall plc, said:

"This is an excellent win for our infrastructure services division and builds on our relationship with Thames Water. The appointment underlines the strength and expertise which Morgan Est has in tunneling, an area where we have a market leading position.

ENDS

ENQUIRIES:

Morgan Sindall plc	Tel: [phone]
Paul Smith, Chief Executive
David Mulligan, Finance Director
Blythe Weigh Communications	Tel: [phone]
Tim Blythe	Mobile: [phone]
Paul Weigh	Mobile: [phone]

Notes to Editors:

Morgan Sindall plc is a top UK construction and regeneration group which operates through five divisions of fit out, construction, infrastructure services, affordable housing and urban regeneration, which are supported by two specialist units of investments and professional services.

Morgan Est is a leading UK provider of infrastructure services across the public and private sector. The business which specialises in the design and delivery of complex engineering projects, provides specialist and innovative tunnelling, utilities, civil engineering and mechanical and electrical services to the water, transport and energy sectors.

 

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