Quick Facts

Carillion To Redevelop Battersea Power Station For £400 Mln - Quick Facts

Carillion Plc (CLLN.L), a support services company with a portfolio of public private partnership projects and construction capabilities, Wednesday said it has been selected to deliver the 400 million pounds first phase of redevelopment at Battersea Power Station. The site is owned by a Malaysian consortium of S P Setia, Sime Darby Property and Employees' Provident Fund.

Carillion said that the project will bring in 866 apartments, including 11 penthouses, together with retail facilities, theatre space and business studios, in two blocks built on a podium with two levels of basement parking. The development is being managed by British firm Battersea Power Station Development Company.

Carillion Chief Executive, Richard Howson, said, "...This takes the total value of new orders and probable orders for Carillion in 2013 to some £2.6 billion and demonstrates the benefits of our strategy in construction services of focusing on national projects."

Chief Executive of Battersea Power Station Development Company, Rob Tincknell, said, "..Battersea Power Station is the last central London regeneration project of its sort and over the course of the redevelopment it will generate 15,000 new jobs, 3,500 new homes and the restoration of the historic Power Station."

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Quick Facts