18 August 2014
Carillion signs £90 million contract for residential development in London
Following Carillion's appointment by HUB earlier in the year as the preferred bidder for its Hoola London project, a development in London's Royal Docks, Carillion has now signed a £90 million contract with HUB to deliver this development.
The contract involves the design and construction of one 24 storey tower and one 23 storey tower, providing 360 residential apartments and one commercial unit. It will have particularly strong environmental features including blue roofs, which have been developed to manage surface water run-off and storage and energy sharing agreements to provide district heating. Work will commence on site immediately and is scheduled for completion by the Autumn of 2016.
As the leading trainer of apprentices in its sector, Carillion will use this project to create 40 new apprenticeships.
Richard Howson, Carillion Chief Executive, said: "We are delighted to have signed the contract to deliver the Hoola London development. Being chosen for this prestigious project reflects our reputation for reliable delivery, high standards of quality, value for money and sustainability, together with the strength of our long-term customer relationships".
Notes to Editors
Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects and extensive construction capabilities. The Group had annual revenue in 2013 of some £4.1 billion, employs around 40,000 people and operates across the UK, in the Middle East and Canada.
The Group has four business segments.
Support services - this includes facilities management, facilities services, energy services, utility services, road maintenance, rail services and consultancy services.
Public Private Partnership (PPP) projects - this includes investing activities in PPP projects for Government buildings and infrastructure, mainly in the Defence, Health, Education, Transport and Secure accommodation sectors.
Middle East construction services - this includes building and civil engineering activities in the Middle East.
Construction services (excluding the Middle East) - this includes building, civil engineering and developments activities in the UK and construction activities in Canada.
This and other Carillion news releases can be found at www.carillionplc.com
For more information
John Denning, Director Group Corporate Affairs, Carillion plc + 44 (0) 1902 316426
Finsbury
James Murgatroyd or Gordon Simpson + 44 (0) 207 2513801
