Urgent.News

What's breaking now, across thousands of outlets.

Business

Acciona, Ferrovial and ACS go for 120 billion of the British water sector

Spanish construction and engineering companies agree that the great opportunity for works and services in the UK now lies in the hydraulic sector and are taking positions with new contracts.

Translated from Spanish Read in Spanish

Acciona, Ferrovial and ACS go for 120 billion of the British water sector

Spanish construction and engineering companies operating in the UK have identified the water sector as presenting the most opportunities in the short and long term. The sector is in need of investment, with many facilities dating back to the Victorian era and 19% of water being lost due to leaks and pipe damage. Companies such as Ferrovial, Acciona, and Dragados are securing contracts to upgrade water infrastructure, including a €1,750 million contract for Anglian Water and a €465 million contract for Acciona to remodel the Coppermills water treatment plant.

The UK government's plan to invest £104,000 million in water infrastructure by the end of the decade presents a significant opportunity for these companies.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

More in Business

More from Monday 21 September →