Costain in £85m sustainability-linked loan refinancing
The infrastructure solutions company Costain Group has announced it is “accelerating its ESG( Environmental, Social and Governance) ambitions” after securing an £85 million sustainability-linked revolving credit facility coordinated by HSBC UK and Lloyds Bank. Crédit Industriel et Commercial and National Westminster Bank are the other participants in the sustainability-linked facility. The business will receive a […]
New motorway junction and link roads open in Preston
Costain has completed a £207m road scheme linking parts of Preston and the Fylde to the M55 motorway. The scheme opens to the public today and consists of a brand-new motorway junction, the M55 Junction 2, a dual carriageway and two connecting link roads. The work has been delivered on behalf of Lancashire County Council, […]
Costain says end of A66 contract has no material effect on its business
After the announcement that Costain is no longer involved in the A66 Trans-Pennine improvement works, the company has put out a statement setting out what it means for the business. It has also confirmed that it will continue with work for National Highways on the A12 and A120 in Essex. On Tuesday, the company announced […]
Costain no longer involved in A66 Trans-Pennine project
Construction company Costain will not be involved in the A66 Trans-Pennine improvement works which involves improving the road between the M6 at Penrith and A1(M) at Scotch Corner. The project sees the single carriageway sections of the road upgraded to dual carriageway standard and making improvements to the junctions along the route. A spokesperson for […]
Costain supports National Highways to deliver high-powered charging infrastructure for electric vehicles
Costain has signed a contract supporting National Highways to deliver multi-million pound investment in energy storage systems. It says electric vehicle drivers using England’s motorways will benefit from the government-owned company’s investment in the high-powered charging infrastructure that will be rolled out at a number of motorway service areas where the electricity grid cannot be […]
New bridge in place over A30 after weekend lifting operation as part of Cornwall dualling scheme
A new bridge has been installed over the A30 as part of National Highways’ Chiverton to Carland Cross road dualling scheme in Cornwall. The Tolgroggan access bridge has spanned the A30 near Zelah for 32 years and needed to be replaced to accommodate the new dual carriageway and the existing road between the Chiverton and […]
The race to decarbonise roads on this week’s Highways Voices
This week’s Highways Voices returns to the keynote session at Highways UK to discuss the important subject of decarbonising our roads. The discussion featured representatives of National Highways, Mott MacDonald, Arcadis and Costain, who discussed goals, commitment and how to change behaviour. The panel also discusses the move to electric vehicles and whether we can […]
Hydrologiq and Costain collaborate to trial hydrogen-powered generator on the Preston Western Distributor Road
Lancashire County Council’s delivery partner, Costain, and hydrogen industry start-up, Hydrologiq, have successfully trialled the use of a hydrogen-powered fuel cell generator at the Preston Western Distributor Road project’s M55 compound. The trial is the first for Lancashire County Council in line with its carbon reduction ambitions and demonstrated carbon savings from onsite operations of between […]
Kier announced as one of four contractors awarded major National Highways A66 Northern Trans-Pennine contract
Kier, alongside Balfour Beatty, Costain and Keltbray, has been awarded a £1.3bn contract by National Highways to design and deliver an upgrade to several sections on the A66 between Penrith and Scotch Corner. The four contractors will collaboratively deliver the project, which has been procured through National Highways’ Regional Delivery Partnership framework. It will see […]
UK Platooning showcased
A world-first platooning trial will be showcased in East London next week, showing off lorries which enabled them to travel in a platoon, with speed and braking of following lorries reacting to the actions of the lead vehicle. HelmUK, led by TRL, was the world’s first HGV platooning trial to take place in a live […]