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Costain Group PLC - Maidenhead, England-based construction and engineering company - Severn Trent PLC has selected Costain to deliver ‘critical infrastructure upgrades’ at its Rugby Newbold Sewage Treatment Works, in a programme valued at around £45 million and set to run until 2028. Costain says it will be the principal designer and contractor, ‘designing and building new facilities and upgrading systems to improve operational resilience and increase the site’s feed and storm capacity.’ Notes that the contract builds on the firms’ existing partnership which started with a 2010 AMP5 framework contract. This ‘has since been extended through the AMP6, AMP7 and AMP8 regulatory cycles, taking the partnership to at least 2030.’ Chief Executive Officer Alex Vaughan comments: ‘This new contract continues our long-term trusted partnership with Severn Trent built on delivering essential infrastructure upgrades that make the UK’s water system more resilient. This award is testament to our excellent track record of identifying construction efficiencies and delivering predictable, best-in-class solutions that maximise value for Severn Trent and its customers.’ Current stock price: 192.80 pence 12-month change: up 82% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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