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LONDON - Construction firm Galliford Try Holdings PLC (LSE:LON:GFRD) has secured a position on National Grid (LON:NG)’s new £59 billion High Voltage Direct Current (HVDC) Frameworks, according to a company press release issued Thursday.
The five-year framework aims to upgrade the UK’s electricity grid to support the transition to net zero and decarbonize the energy system. Galliford Try’s Infrastructure business has been appointed to the Major Works & Civils Framework, specifically Lot 1 - Converter Civils & Buildings, which has an anticipated value of £9 billion.
The company will collaborate with RPS Group to deliver design and construction of civil engineering and building works associated with converter stations as part of the HVDC infrastructure program.
"Continuing to grow our core Infrastructure business is a key part of our Sustainable Growth Strategy, and this appointment will see us deliver further civil engineering and construction solutions for the energy sector," said Bill Hocking, Chief Executive of Galliford Try.
The framework appointment represents a further expansion into the energy market for Galliford Try’s Infrastructure business. The company operates under the trading names Galliford Try and Morrison Construction, carrying out building and infrastructure projects with public, private and regulated sector clients across the UK.
Galliford Try Holdings is listed on the London Stock Exchange (LON:LSEG).
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