By Alberto Delclaux

Engie SA (ENGI.FR) said Friday that it has been awarded a 195 million pounds ($255 million) contract for the redesign and refurbishment of student accommodation at a U.K. university, as well the management of the facilities for 50 years.

The French company said refurbishment and building work for the accommodation of London's Kingston University will start in June 2019 and is expected to be completed by August 2021.

Engie will take an equity stake in the refurbishment project alongside infrastructure investment firm Equitix.

Write to Alberto Delclaux at alberto.delclaux@dowjones.com

(END) Dow Jones Newswires

October 19, 2018 06:58 ET (10:58 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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