KIER GROUP PLC
KIER IN LINE-UP TO DELIVER £600M MERSEY BRIDGE
Merseylink, a consortium including Kier as part of a three-way construction joint venture, has been announced preferred bidder for the Mersey Gateway scheme.
The construction phase of the project is valued in the region of £600m and financial close is expected later this year.
The project includes construction of a new six-lane toll bridge over the Mersey between Runcorn and Widnes spanning 2.13km including a 1km cable-stayed section. Also included is a 6km highways upgrade, eight interchanges and twelve new bridges.
The Merseylink consortium's equity partners are Macquarie Capital Group Limited, Bilfinger Project Investments Europe Limited and FCC Construcción. The construction joint venture comprises Kier Infrastructure and Overseas, Samsung C&T and FCC Construcción.
Ends
Enquiries
Paul Sheffield, Chief Executive, Kier Haydn Mursell, Finance Director, Kier |
+44 (0)1767 640 111 |
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RLM Finsbury |
+44 (0) 207 251 3801 |
Faeth Birch |
+44 (0) 776 894 3171 |
Charlotte Whitley |
+44 (0) 776 850 5685 |
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About Kier
Kier is a leading construction, services and property group, specialising in building and civil engineering, support services, commercial property development, structured property financing and private and affordable housing. Kier employs over 10,000 people worldwide and has an annual revenue of £2.1bn. For more information, contact Kier's communications department on +44 (0)1767 640 111 or visit www.kier.co.uk.
