Galliford Try Holdings plc (GFRD.L), Thursday announced that its infrastructure business has been appointed to new 59 billion pounds High Voltage Direct Current (HVDC) Frameworks with National Grid.
The company added that the five-year framework is intended to facilitate a major upgrade to the electricity grid, enabling its transition to net zero and decarbonisation of the energy system.
CEO Bill Hocking commented, "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."
Currently, Galliford's stock is trading at 434 pence, up 1.28 percent on the London Stock Exchange.
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