Koninklijke BAM Groep nv (BAMNB.AS) Monday announced that it has entered a 12-year agreement with network operator Enexis and Waterleiding Maatschappij Limburg to modernize and expand Limburg's electricity and water infrastructure.
Valued at around 600 million euro, the partnership is a key step in supporting the region's energy transition and ensuring reliable utility services.
Beginning in late 2025, BAM will carry out large-scale upgrades to the electricity grid under Enexis' "neighbourhood approach," aimed at boosting capacity for rising demand from electric mobility, heat pumps, and solar power.
At the same time, BAM will collaborate with WML to reinforce the drinking water supply, ensuring efficiency and minimal disruption for residents.
The long-term deal allows BAM to invest in innovation, sustainability, and regional workforce development, combining expertise in both energy and water systems to deliver a future-proof underground infrastructure for Limburg.
BAMN.AS is currently trading at 8.09 euros up 0.09 euro or 1.13 percent on the Amsterdam Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.