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Monday, 21 April 2014 06:59

Imtech puts ICT division up for sale

Royal Imtech has announced its intention to put its ICT division up for sale as part of its ongoing debt reduction program.

Leading design, engineering and project management consultancy Atkins and China Communications Construction Company Ltd have signed a memorandum of understanding (MOU) for global strategic cooperation.

Thursday, 17 April 2014 07:55

Anglian Water wind turbines come online

Two wind turbines at Anglian Water’s Newton Marsh water recycling centre began turning this week, in the latest stage of a project to provide renewable, green energy to the site.

Moody's Investors Service has today changed its outlook on Thames Water’ s Baa1 corporate family rating from stable to negative. The ratings agency is also warning  that the firm is “exposed to reputational and financial challenges that other companies in the sector do not face.”

Fitch Ratings has affirmed Kemble Water (a holding company of Thames Water) Utilities Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook and senior secured rating at 'BB'.

Fianna Fáil has accused Irish Water of making a mockery of the concept of a free water allowance by seeking a €100 standing charge from every household before they even use any water.

Balfour Beatty, the international infrastructure group, is to set up a national UK training academy following the award of £4.4 million of funding through the Government’s Employer Ownership of Skills pilot scheme.

WSP has concluded a deal to acquire TPS, a French company specializing in building and infrastructure engineering.

Tuesday, 08 April 2014 06:20

New MD at Hyder to lead utilities sector

Multinational design and engineering consultancy Hyder Consulting has appointed Simon Bradley to the role of Sector Managing Director of its UK Utilities business.

Lontra, a fast growing Midlands firm, has secured the first global license for its Blade CompressorTM technology. The deal signed today with Sulzer, a global leader in pumping equipment with 21 manufacturing facilities worldwide, will see aeration equipment incorporating the British technology sold across 150 countries.

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