News Release

BALFOUR BEATTY AWARDED £325 MILLION SSEN CONTRACT

TO DELIVER NETHERTON HUB

Balfour Beatty, the international infrastructure group, today announces it has been awarded a two-year contract worth £325 million by Scottish and Southern Electricity Networks (SSEN) to deliver the Netherton Hub in Aberdeenshire, Scotland.

The award, secured through SSEN's Accelerated Strategic Transmission Investment Offshore Framework, builds on Balfour Beatty's earlier appointment in 2025 to deliver enabling works at the site.

The Netherton Hub will strengthen the UK's national grid and enable renewable energy from northern Scotland to be transmitted efficiently to demand centres nationwide. Balfour Beatty will deliver the earthworks and civil infrastructure, including five platforms to support the two substations and three converter stations, as well as an operations base and associated facilities.

Philip Hoare, Balfour Beatty Group Chief Executive, said: "Securing this contract reinforces Balfour Beatty's position at the forefront of the UK's energy infrastructure market.

"The Netherton Hub will play a pivotal role in enabling the delivery of secure, homegrown, low-carbon power at scale. We are proud to be working with SSEN to deliver infrastructure of such national importance - drawing on our proven expertise in complex, large-scale projects."

A workforce of over 800 will be employed at peak construction with over 5% of the workforce made up of apprentices and graduates, in line with the company's commitment to The 5% Club.

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ENDS

Enquiries to:           

Investor and analyst enquiries:

Jim Ryan

Tel. +44 (0)7858 368527

[email protected]

Media enquiries:

Talha Haroun

Tel. +44 (0)203 810 2345

[email protected]

Notes to editors:

·    Balfour Beatty is a leading international infrastructure group with over 26,000 employees driving the delivery of powerful new solutions, shaping thinking, creating skylines and inspiring a new generation of talent to be the change-makers of tomorrow.

·    We finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.

·    For over 117, we have created iconic buildings and infrastructure all over the world. Currently, we are working to deliver Hinkley Point C, the first UK nuclear power station in a generation; constructing the world-class arts and cultural facility, the Lyric Theatre, in Hong Kong; and designing, building, financing, operating and maintaining the Automated People Mover superstructure at one of the busiest airports in the world, Los Angeles International Airport.

·    As a member of The 5% Club , a dynamic movement of employers committed to providing 'earn and learn' positions', Balfour Beatty employs 8.9% of its workforce in apprenticeship, graduate and sponsored student roles.