AECOM Chosen as Key Designer for Southern Waters $4.8 Billion Capital Delivery Program

Published | Modified
CSIMarket Newsroom | CSIMarket.com
Illustrative image

Dallas, Texas October 16, 2023’ - AECOM (NYSE: ACM), the world’s leading infrastructure consulting firm, has been officially selected to support a significant capital delivery program for Southern Water, a prominent UK water utility. The selection comes as Southern Water gears up to implement a range of infrastructure and wastewater initiatives throughout the AMP8 period, spanning from 2025 to 2030.

The $4.8 billion capital delivery program is pivotal for Southern Water as it endeavors to enhance its offerings and align with increased demands for sustainable water management and service excellence. AECOM has secured its role as a detailed design partner for the project, collaborating with well-known contractors, notably Kier and P.

“This strategic partnership marks a crucial step forward in addressing the pressing infrastructure and wastewater challenges facing the UK,” said AECOM representatives. “We are committed to delivering innovative solutions that ensure effective water management and environmental sustainability through our design expertise.”

Investors have responded positively to this announcement, reflected in AECOM’s recent stock performance. Notably, AECOM shares have outpaced the market this month, boasting a 1.86% increase and demonstrating investor confidence in the firm’s strategic growth initiatives and project capabilities.

As the water utility sector continues to evolve, Southern Water’s ambitious investment plan represents an opportunity for AECOM to showcase its leadership in infrastructure consulting. The industry looks forward to the company’s contributions in shaping the future of water management in the UK, reinforcing the nation’s commitment to environmental stewardship and operational excellence.

With a robust pipeline of projects and a strong focus on sustainable development, AECOM is well-positioned to make a meaningful impact on Southern Water’s extensive capital delivery program, ensuring that critical infrastructure aligns with the needs of communities in the years to come.

Sources for this article: Based on Aecom’s official statement and CSIMarket.com Customer Analytics Research for Aecom
For details on how CSIMarket validates financial and corporate news, please review our Editorial Standards & Fact-Checking Policy .
Tags:
#BusinessUpdate, #NYSE, #customers, #ACM, #Aecom, #Construction Services
Share this article:
Link copied to clipboard.

Comments

Comments are available to active subscribers. Subscribe or Log in.
Get the full CSIMarket dataset: Subscribe API License